The following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 14,300 $ 18,400 beginning work in process inventory 14,600 20,100 beginning raw materials inventory 7,000 9,750 rental cost on factory equipment 33,500 25,750 direct labor 24,000 39,000 ending finished goods inventory 17,600 16,700 ending work in process inventory 26,200 20,400 ending raw materials inventory 5,900 8,400 factory utilities 11,100 14,250 factory supplies used 12,700 5,200 general and administrative expenses 26,500 56,000 indirect labor 1,350 8,800 repairs—factory equipment 6,620 2,600 raw materials purchases 42,500 56,500 selling expenses 62,800 46,300 sales 246,030 300,010 cash 21,000 16,700 factory equipment, net 247,500 166,825 accounts receivable, net 14,000 22,200 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