The following data is provided for GarconCompany and Pepper Company n Company Pepper Compar Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory Rental cost on factory equipment Direct labor 16 34,7 14 Ending work in process inventory 21 11.8 10 Factory utilities Factory supplies used General and administrative expenses Indirect labor 47 Repairs Factory equipment 6,0 Selling expenses 202 32 237 320,01 Cash 148,82 Factory equipment, net Accounts receivable, net 14 Required 1. Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company for the year ended Dcember 31, 2017 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 Required Required 2 Complete the table to find the cost of goods manufactured for both Garcon Company and Pepper Company December 31, 2017 Direct materials Raw materials available for use Direct materials used Factory overhead Total factory ovemead Total manufacturing costs Total cost of work in process Cost of goods manufactured 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 Cost of goods available for sale Cost of goods sold 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 1A Garcon Req 1A Pepper Req 1B Garcon Req 1B A Garcon Req 1A Pepper Req 1B Garcon Req 18 Prepare the income statement for Garcon Company. Prepare the income statement for Pepper Company. COMPAN Income Statement Income Statement For Year Ended December 31, 2017 For Year Ended December 31, 2017 Operating expenses Operating expenses income (loss) before tax Income (loss) before tax Req 1A Garcon Req 1A Pepper Req 1B Carcon Req iB 1A Garcon Req 1A Pepper Req 16 Req 1B Prepare the current asset section of the balance sheet for Pepper Company. Prepare the current asset section of the balance sheet for Garcon Company. Partial Balance Sheet Partial Balance Sheet As of December 31, 2017 As of 31, 2017 Inventories nvertones Total current assets Total current assets