Details for receipts and issues of Peter Ltd for the year 2021 were as follows: January Receipts 200kgs @ $17 Issues February 110 kgs @ $18 March 170 kgs @ $24 April 200 kgs @ $19 May 180 kgs @ $25 June 250 kgs @ $20 July 210 kgs @ $27 August 160 kgs @ $ 21 175 kgs @ $30 2 You are required to prepare profit statements for the period ending 31 August 2021 when inventory is based on: a) FIFO method b) AVCO method [10 MARKS]