6 Required information Part 2 of 3 10 points eBook o (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 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Utilities Garcon Company $ 14,600 Pepper Company $18,100 18,000 20,400 11,200 14,850 33,500 22,300 20,800 43,800 17.300 17,300 15.100 23,500 25,580 18,400 6,680 6,600 7,600 14,850 13.250 13,250 Gene and administrative expenses 31,000 31,000 60,000 9.450 13,000 6,260 2,750 2.750 35,000 55,500 51,200 49,300 285,390 399,430 33,000 24,700 Accounts receivable, net 14,200 19,950 Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash References 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. Check my work