[The following information applies to the questions displayed below.] The following data is provided for 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 assets section of the balance sheet for each company. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ GARCON COMPANY } \\ \hline \multicolumn{1}{|c|}{ Balance Sheet-Current Assets Section } \\ \hline & December 31 \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Total current assets & \\ \hline \end{tabular} PEPPER COMPANY Balance Sheet-Current Assets Section December 31