The following information was extracted from the accounting records of ABC Manufacturers for the year ended September 2020 UNITS Inventory at the beginning of the year Nil Production for the year 20 000 Sales for the year (at R75 per unit) 18 250 R Direct Materials cost per unit 21 Direct Labour cost per unit 7 Variable Manufacturing overheads per unit 8 Variable selling and administrative cost per unit 5 Fixed manufacturing overhead cost 182 000 Fixed selling and administrative cost 77 000 The company utilises the first-in-first-out method of inventory valuation REQUIRED: 4.1 Prepare the Income Statement using the Marginal Costing method. (11 marks) 4.2 Prepare the Income Statement using the Absorption Costing method. (9 marks)