The following information was extracted from the accounting records of Hilton Manufacturers for the year ended September 2024: UNITS Inventory at the beginning of the year Nil Production for the year 28 500 Sales for the year 24 000 Selling price per unit R82 R Direct Materials cost per unit 22 Direct Labour cost per unit 11 Variable Manufacturing overheads per unit 7 Variable selling and administrative cost per unit 5 Fixed manufacturing overhead cost 274 000 Fixed selling and administrative cost 95 000 The company utilises the first-in-first-out method of inventory valuation. REQUIRED: (Round of to two decimal places) 2.1 Prepare the Income Statement using the Marginal Costing method. ( 1 1 ) 2.2 Prepare the Income Statement using the Absorption Costing method. (9)