Amazon's Financial Details for 2023:

Financial Data (in thousands):

• Sales Revenue: $386,064
• Cost of Goods Sold: $233,307
• Fulfillment Expenses: $58,528
• Marketing Expenses: $22,013
• General and Administrative Expenses: $14,296
• Interest Expense: $2,800
• Tax Rate: 24%

Requirements:

1. Create an Income Statement for Amazon for the year 2023.
2. Calculate the Gross Profit.
3. Determine the Operating Income.
4. Calculate the Net Income after taxes.
5. Analyze Amazon's profit margin ratio.