Question: please help The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,300 Pepper Company

please help
please help The following data is provided for Garcon Company and Pepper
Company for the year ended December 31. Garcon Company $ 13,300 Pepper

The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,300 Pepper Company $ 17,650 17,000 20,550 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor 8,400 9,600 33,750 24,100 20,400 44,200 20,150 14,400 23,500 21,400 Finished goods inventory, ending Work in process inventory, ending Raw materiale inventory, ending Factory utilities 7,700 9,000 10,200 15,500 34,500 55,500 Ceneral and administrative expenses Indirect labor 11,800 14,780 Repaira-Factory equipment 4,700 1,900 Raw materials purchases 36,000 55,000 Selling expenses. 50,800 48,100 Sales 299,010 392,170 Cash 22,000 16,700 Accounts receivable, net 16,400 22,200 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. Req 1 Garcon Req 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31 Cost of goods sold: Goods available for sale

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