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 Garcon Company. 222,030 GARCON 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 222,030 58,000 34,000 Income (loss) before tax $ 130,030 Req 1 Garcon Req 1 Pepper > 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 current asset section of the balance sheet for Garcon Company. $ 24,000 GARCON COMPANY Partial Balance Sheet As of December 31, 2019 Cash Accounts receivable, net Inventories: Finished goods inventory $ 20,9001 Raw materials inventory 6,6001 Work in process inventory 22,900 13,200 50,400 87,600 Total current assets $ DODANO