Saved The following data is provided for Garcon Company and Pepper Company Garcon Company $ 15,000 Pepper Company 19,900 $ 15,200 23,400 7,200 11, 100 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 35,000 22,000 17,300 "22,300 8,000 9,900 12,700 23,500 1,800 6,140 46,500 63,600 : 219,030 33,000 217,500 16,800 24,700 41,800 16,700 18,800 10,000 13,500 5,100 49,500 9,940 3,900 64,500 56,200 317,510 22,200 136,825 22,450 Saved Help Required information 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31, 2017 inces Garcon Company Pepper Company Cost of goods available for sale Cost of goods sold $ 0S 0 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. 2 of 2 Complete this question by entering your answers in the tabs below. Req 1A Garcon Req 1A Pepper Req 1B Garcon Req 18 Pepper Kipped Prepare the income statement for Pepper Company. eBook Print PEPPER COMPANY Income Statement For Year Ended December 31, 2017 ferences Operating expenses Income (loss) before tax 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 18 Garcon Req 1A Garcon Req 1A Pepper Req TB Garcon Req 1B Pepper Prepare the current asset section of the balance sheet for Garcon Company. GARCON COMPANY Partial Balance Sheet As of December 31, 2017 nces Inventories: Total current assets Saved 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 1B Garcon Req 18 Pepper Prepare the current asset section of the balance sheet for Pepper Con PEPPER COMPANY Partial Balance Sheet As of December 31, 2017 Inventories: L Total current assets