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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 expenso Income tax expense $12,300 Sales revenue 1,600 Interest income 1,000 cost of goods sold 2,900 Rent expense 4,600 Interest expense Inventory (July 31, 2021) $62,800 1,900 28,000 5,300 300 1.000 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 I Required information Net sales: Total sales revenue Net sales revenue Operating expenses: Total 0 Operating income Non-operating items: Total

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