I need help calculating the "less; cost of goods sold".

I cannot figure it out, thanks in advance.

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 (direct materials) 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 (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 14,600 17, 100 8, 200 34,000 24, 200 20,900 22,900 6,600 13,050 12,700 34,000 1,600 5,900 39,500 58,000 222,030 24,000 277,500 13,200 Pepper Company $ 16,150 21,000 9,600 22,000 39,800 15,900 19,000 7,800 14,750 4,600 54,000 8,380 1,800 64,000 57,100 325,010 19,200 160,825 23,200 Required information 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. 325,010 PEPPER COMPANY Income Statement For Year Ended December 31, 2019 Sales $ Less: Cost of goods sold Gross profit Operating expenses Selling expenses General and administrative expenses 325,010 57,100 54,000 Income (loss) before tax $ 213,910 Reg 1 Garcon Req 2 Garcon >