How to get the :Less:Cost of Goods Sold??

Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the income statement for Pepper Company. PEPPER COMPANY Income Statement For Year Ended December 31, 2017 Sales Less: Cost of goods sold Gross profit Operating expenses $ 332,510 332,510 Selling expenses General and administrative expenses 58,000 57,000 Income (loss) before tax $ 217,510 Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31, 2017 Sales Less: Cost of goods sold Gross profit Operating expenses $ 208,530 208,530 Selling expenses General and administrative expenses 62,000 32,000 Income (loss) before tax $ 114,530 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 Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $13,400 16,900 7,700 32,750 19,400 18,950 25,600 6,600 15,000 13,000 32,000 1,500 6,860 37,000 62,000 208,530 22,000 242,500 13,800 Pepper Company $ 19,300 20,700 10,800 23,950 44,600 15,400 20,000 7,600 14,500 5,100 57,000 7,840 3,500 63,500 58,000 332,510 19,200 148,825 22,200