The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Exercise 14-7 (Algo) Computing cost of goods manufactured and cost of goods sold LO P1, P2 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year endec December 31. 2. Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended December 31 . Complete the table to calculate the cost of goods sold for both Garcon Company and Pepper Company for the year ended December 31 . 1. Prepare income statements for both Garcon Company and Pepper Company. 2. Prepare the current assts section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Prepare the income statement for Garcon Company. PEPPER COMPANY Income Statement For Year Ended December 31 Cost of goods sold: Goods available for sale Cost of goods sold Net income Prepare the current asset section of the balance sheet for Garcon Company. PEPPER COMPANY Balance Sheet-Current Assets Section Req 2 Garcon