Harrison Company has a July 31 fiscal year end and uses a perpetual inventory system. The records of Harrison Company show the following data: 2021 2020 2019 Income statement: Sales Cost of goods sold Operating expenses Balance sheet: Merchandise inventory $350,000 245,000 76,000 $330,000 235,000 76,000 $310,000 225,000 76,000 55,000 45,000 35,000 After its July 31, 2021, year end, Harrison discovered two errors: 1. At July 31, 2020, Harrison had $10,000 of goods held on consignment at another company that were not included in the physical count. 2. In July 2020, Harrison recorded a $15,000 inventory purchase on account that should have been recorded in August 2020. Prepare corrected income statements for Harrison for the years ended July 31, 2019, 2020, and 2021. HARRISON COMPANY Income Statement Year Ended July 31 2021 2020 2019 Calculate the incorrect and correct inventory turnover ratios for 2020 and 2021. (Round answers to 2 decimal places, e.g. 52.75.) 2020 2021 Incorrect inventory turnover times times Correct inventory turnover times times