Baskin-Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different ftavors, from Very Berry Strawkering to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolini, has the folicking amounts for the month of 7 uly 2024 Recuired: 1. Prepare a multiple-step income statement for the month ended July 31,2024 . 2-a. Calculate the inventory turnover ratio for the month of July. 2-b. Would you expect this ratio to be higher or lower in December 2024? 3. Calculate the gross profit ratio for the month of July. Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statament for the month ended July 31,2024