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Required information The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company Beginning finished goods inventory Deginning work in process inventory Beginning raw naterials inventory (direct materials) Rental cost on tactory equipment Direct labor toding tinished goods Inventory ding work in process inventory Ending raw materials inventory Factory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repair-Pactory equipment Raw materials purchases Selling expenses sales Cash Tectory equipment, net Recounts receivable, bet Garcon Company $ 14,700 18,200 11,600 27,500 24,000 20,300 26,500 7.800 10.800 10.900 26.500 1.000 5.650 45.500 53,600 198,30 26.000 242,500 14.000 Tepper Company $ 18,250 23.556 12,300 25,000 44,260 15,300 18,400 7.600 14.000 3,400 52.000 9,340 2.900 46,500 31,400 330,010 21,700 124.025 19,950 Required: 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. Reg 1 Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Garcon Company GARCON COMPANY Income Statement For Year Ended December 11, 2019 Operating expenses Income before tax Reg1 Pepper >