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 $ 13,700 sales revenue $ 69,800 inventory (july 1, 2021) 2,300 interest income 3,300 sales returns 1,100 cost of goods sold 28,700 utilities expense 3,600 rent expense 6,700 income tax expense 6,000 interest expense 400 inventory (july 31, 2021) 1,100

required: prepare a multiple-step income statement for the month ended july 31, 2021.