Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) The following data is provided for Garcon Company and Pepper Company. Adam* ******* 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 $ 14,700 15,100 10,500 30,750 21,600 20, 150 23,500 5,600 11,400 13,300 26,500 1,850 6, 740 45,500 54,800 222.030 34,000 222.500 14,200 Pepper Company $ 19,750 19,500 12,150 25, 300 36,200 13,800 20,000 2,400 17,250 3,900 55,500 8,620 1,500 55,000 53,500 330.010 12,709 118, 925 21.450 Exercise 14-9 Preparing financial statements for a manufacturer LO C4, P2 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. GARCON COMPANY Income Statement For Year Ended December 31, 2019 0 Sales Less: Cost of goods sold Gross profit Operating expenses Selling expenses General and administrative expenses Income floes) before tax $ 0 Complete this question by entering your answers in the tabs below. Reg 1 Garcon Req 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Pepper Company. PEPPER COMPANY Income Statement For Year Ended December 31, 2019 0 Operating expenses Income foss) before tax $ 0 Complete this question by entering your answers in the tabs below. Req 1 Garcon Reg 1 Pepper Reg 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Garcon Company. GARCON COMPANY Partial Balance Sheet As of December 31, 2018 Inventories: O Total current assets $ 0 A Complete this question by entering your answers in the tabs below. Reg 1 Garcon Reg 1 Pepper Req 2 Garcon Req 2 Pepper Prepare the current asset section of the balance sheet for Pepper Company. PEPPER COMPANY Partial Balance Sheet As of December 31, 2019 Inventories: 0 Total current assets 0