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Exercise 1-9 Prepare financial statements for a manufacturer LO C4, P2 sing the following data, Pepper Company Garcon Company $ 13,500 10,200 11,100 $ 19,750 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, not Accounts receivable. net TESNEN 11.50 47000 7.780 26.000 2,350 6,140 42,500 60.000 198,030 32,000 282,500 14.800 *38383 1Prepare come sements for women to come PEPPER COMPANY income For Year Ended December 31, 2015 GARCON COMPANY Incones For Year Ended December 31, 2015 WE boss belove Prepare the cofthe balance sheet forth GARCON COMPANY As of December 2015 As of December 31, 2018