On January 1, 2019, the company had 3,000 units in stock. During the year, ECC produced 180,000 units and sold 181,000. In 2020, the company produced 5% more units, but sales volume declined by 4%. Required: a) Prepare the income statement for 2021 and 2021 using the marginal costing method and the absorption costing method. On January 1, 2019, the company had 3,000 units in stock. During the year, ECC produced 180,000 units and sold 181,000. In 2020, the company produced 5% more units, but sales volume declined by 4%. Required: a) Prepare the income statement for 2021 and 2021 using the marginal costing method and the absorption costing method. On January 1, 2019, the company had 3,000 units in stock. During the year, ECC produced 180,000 units and sold 181,000. In 2020, the company produced 5% more units, but sales volume declined by 4%. Required: a) Prepare the income statement for 2021 and 2021 using the marginal costing method and the absorption costing method. On January 1, 2019, the company had 3,000 units in stock. During the year, ECC produced 180,000 units and sold 181,000. In 2020, the company produced 5% more units, but sales volume declined by 4%. Required: a) Prepare the income statement for 2021 and 2021 using the marginal costing method and the absorption costing method.