work ine tollowing data is provideator Garcon company ana repper company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) 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 indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company 5 12,660 14,680 9,800 30,750 24,400 18,500 23,200 6,500 12,600 9,109 30,500 1,500 5,900 36,000 64,00 208,530 33,000 237,500 13,600 Pepper Company $ 12.05 22,050 15,000 24,550 39,000 15,100 18,200 9,600 17,750 58, cee 3,440 3.ee 67,000 52,200 295,010 17,200 127,825 21.450 Required: 1. Prepare income statements for both Garcon Company and Pepper Company 2. Prepare the current assets section of the balance sheet for each company. Complete this question by entering your answers in the tabs below. Reg 1 Garcon Reg 1 Pepper Reg 2 Garcon Reg 2 Pepper Prepare the income statement for Garcon Company GARCON COMPANY For at finde December 31, 2015 Raw materials purchases w materials purchases