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Required information (The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company Pepper Company $

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Required information (The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company Pepper Company $ 19,00 20,400 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 $ 12,800 18,409 7,600 33,250 22,489 20,750 28,000 5,600 10,350 13,640 22.000 1,900 6,860 45,000 60,00 228,030 29.000 242,5 13.640 23,209 36,269 14,100 20.eeg 9,480 15,750 5,889 54,509 8,440 1,950 65,509 57,709 332.510 19,700 136,825 23,456 Required: 1-a. Prepare income statements for both Garcon Company and Pepper Company 1-b. Prepare the current assets section of the balance sheet for each company Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 18 Garcon Req 18 Pepper Prepare the income statement for Garcon Company. GARCON COMPANY Income Statement For Year Ended December 31, 2017 Operating expenses Income (loss) before tax Req1A Garcon Req 1A Pepper >

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