Finished goods inventory, beginning $ 12,200 $ 18,550 Work in process inventory, beginning 18,500 19,800 Raw materials inventory, beginning 7,000 13,500 Rental cost on factory equipment 33,500 24,250 Direct labor 20,800 43,000 Finished goods inventory, ending 19,100 13,500 Work in process inventory, ending 27,400 19,800 Raw materials inventory, ending 7,700 9,000 Factory utilities 12,450 13,750 General and administrative expenses 28,500 51,000 Indirect labor 14,300 11,460 RepairsFactory equipment 7,700 3,300 Raw materials purchases 40,000 61,500 Selling expenses 55,200 52,900 Sales 274,980 399,550 Cash 24,000 19,700 Accounts receivable, net 14,600 20,450 Prepare income statements for both Garcon Company and Pepper Company. Prepare the current assets