please answer question to fullest extent. IN A CLEAR MANNER as well please. thanks!

Required information [The following information applies to the questions displayed below]. The following data is provided for Garcon Company and Pepper Company for the year ended December 31 . 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company: Complete this question by entering your answers in the tabs below. Prepare the income statement for Garcon Company. 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the income statement for Garcon Company. 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the income statement for Pepper Company. 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet for Garcon Company. 1. Prepare income statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the current asset section of the balance sheet for Pepper Company