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Required information The following information applies to the questions displayed below.] Baskin Robbins is one of the world's largest specialty ice cream shops. The company

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Required information The following information applies to the questions displayed below.] Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $11,800 Sales revenue 1,350 Interest income 1,100 Cost of goods sold 2,650 Rent expense 4.100 Interest expense Inventory (July 31, 2021) $60,300 1,400 27,750 4,800 400 1,100 Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021. BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 Net sales: Total sales revenue Net sales revenue Operating expenses: Total Operating income Non-operating items Total Operating income Non-operating items: Total

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