Island Hospital Supplies planned to be in operation for three years. During the first year, 2019, it had no sales but incurred RM240,000 in variable manufacturing expenses and RM80,000 in fixed manufacturing expenses. In 2020, it sold half of the finished goods inventory from 2019 for RM200,000 but it had no manufacturing costs. In 2021, it sold the remainder of the inventory for RM240,000, had no manufacturing expenses and went out of business. Marketing and administrative expenses were fixed and totaled RM40,000 each year. Required: Prepare statements of comprehensive income for each year using (a) absorption costing. [6 marks] (b) variable costing. [14 marks]