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 current asset section of the balance sheet for Pepper Company.

$\backslash$table$[[$PEPPER COMPANY$],[$Balance Sheet$-$Current Assets Section$],[$December $31],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[$Total current assets,$\backslash$bar $($$$),0]]$ 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 current asset section of the balance sheet for Garcon Company.

$\backslash$table$[[$GARCON COMPANY$],[$Balance Sheet$-$Current Assets Section$],[$December $31],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[$Total current assets,,$0]]$ 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 Pepper 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.

$\backslash$table$[[$GARCON COMPANY,,$],[$Income Statement,,$],[$For Year Ended December $31,,],[$Raw materials inventory, beginning,,$],[$Cost of goods sold:,,$],[,,],[,,],[,,],[$Goods available for sale,,$],[,,],[$Cost of goods sold,,$],[,,],[,,]]$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 $31.$

$\backslash$table$[[,$Garcon,Pepper$],[$Company$,$Company,$],[$Finished goods inventory, beginning,$$12,000,$$$16,450],[$Work in process inventory, beginning,$14,500,19,950],[$Raw materials inventory, beginning,$7,250,9,000],[$Rental cost on factory equipment,$27,000,22,750],[$Direct labor,$19,000,35,000],[$Finished goods inventory, ending,$17,650,13,300],[$Work in process inventory, ending,$22,000,16,000],[$Raw materials inventory, ending,$5,300,7,200],[$Factory utilities,$9,000,12,000],[$General and administrative expenses,$21,000,43,000],[$Indirect labor,$9,450,10,860],[$Repairs$-$Factory equipment,$4,780,1,500],[$Raw materials purchases,$33,000,52,000],[$Selling expenses,$50,000,46,000],[$Sales$,195,030,290,010],[$Cash$,20,000,15,700],[$Accounts receivable, net,$13,200,19,450]]$

Prepare income statements for both Garcon Company and Pepper Company.

$***$PLEASE DO ALL $4$ PARTS OF THE QUESTION$***$ 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