The trial balance as of July 31, 2024, for Sally Simmons, Registered Dietician, is presented below: (Click the icon to view the trial balance.) Read the requirements. Requirement 1. Prepare the income statement for the month ended July 31, 2024. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Requirement 2. Prepare the statement of owner's equity for the month ended July 31, 2024. The beginning balance of Simmons, Capital was $0 and the owner contributed $24,000 during the month. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Complete all answer boxes. Enter a "0" for any zero balances.) Requirement 3. Prepare the balance sheet as of July 31,2024 . (If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Requirement 4. Calculate the debt ratio as of July 31, 2024 Select the debt ratio formula on the first line and then calculate the ratio Data table Requirements 1. Prepare the income staternent for the month ended July 31, 2024 2. Prepare the statement of owner's equity for the month ended July 31, 2024 The beginning balance of Simmons, Capital was 50 and the oviner contributed 324,000 during the month 3. Prepare the balance sheet as of July 31,2024 4. Calculate the debt ratio as of Juy 31, 2024