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[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. GARCON COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold: $298,080 PEPPER COMPANY Income Statement For Year Ended December 31 Cost of goods sold: GARCON COMPANY Balance Sheet-Current Asefts Section PEPPER COMPANY Balance Sheet-Current Assets