Details for receipts and issues of Jordan Ltd for the year 2020 were as follows: Receipts Issues January 220kgs @ $17.2 February 160 kgs @ $18.2 March 140 kgs @ $24 April 220 kgs @ $19.3 May 150 kgs @ $25.5 June 220 kgs @ $20.5 July 220 kgs @ $27.5 August 130 kgs @ $ 21.2 155 kgs @ $31 (a) You are required to prepare profit statements for the period ending 31 August 2020 when inventory is based on: (i) FIFO method AVCO method [10 MARKS]