Saved rcises The following data is provided for Garcon Company and Pepper Company. epper Company 13,900 18,700 7,400 29,750 24,000 21,200 25,000 7,400 11,400 13,300 23,500 1,550 6,140 40,500 53,600 243,030 26,000 252,500 16,400 17,500 23,250 14,400 23,800 40,600 16,500 18,600 7,600 17,750 3,700 45,500 8,440 4,000 68,000 50,500 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 347,510 23,200 Cash Factory oquipment, net Accounts receivable, net 1-a. Prepare income statements for both Garcon Company and Pepper Com 1-b. Prepare the current assets section of the balance sheet for each company ces Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 18 Garcon Req 1B Pepper Prepare the income statement for Garcon Company. GARCON COMPANY