Pinkie print supplies, inc., sells laser printers and supplies. assume pinkie started the year with 100 containers of ink (average cost of $ 9.10 each, fifo cost of $ 8.60 each, lifo cost of $ 8.00 each). during the year, the company purchased 800 containers of ink at $ 10.00 and sold 600 units for $ 21.75 each. pinkie paid operating expenses throughout the year, a total of $ 5 comma 000. ignore income taxes for this exercise. prepare pinkie's income statement for the current year ended december 31 using the average-cost, fifo, and lifo inventory costing methods. include a complete statement heading. complete the income statement by selecting the appropriate heading and income statement labels, and then calculating the amounts for each of the three required inventory methods. (calculate unit costs to the nearest cent. round all other calculations to the nearest whole dollar.)

Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 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.