Using the following data, Garcon Pepper Company Company Beginning finished goods inventory 13,500 19,600 Beginning work in process inventory 15,900 23,550 Beginning raw materials inventory 11,500 13,950 Rental cost on factory equipment 23,350 27,500 Direct labor 23,000 41,800 Ending finished goods inventory 19,400 13,400 Ending work in process inventory 25,000 20,800 Ending raw materials inventory 6,100 8,400 Factory utilities 13,800 12,250 Factory supplies used 13,000 4,800 General and administrative expenses 21,500 55,500 Indirect labor 2,250 9,100 Repairs-Factory equipment 6,020 2,200 Raw materials purchases 37,500 52,500 Selling expenses 55,600 58,300 Sales 244,530 300,010 Cash 30,000 15,700 Factory equipment, net 247,500 178,825 Accounts receivable, net 16,200 22,450 1-a Prepare income statements for both Garcon company and Papper on