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Analyze the income statement of Alphabet Inc. for the fiscal year ending December 31, 20X3. With revenues of $182.5 billion, operating expenses of $123.2 billion,

Analyze the income statement of Alphabet Inc. for the fiscal year ending December 31, 20X3. With revenues of $182.5 billion, operating expenses of $123.2 billion, and net income of $40.3 billion, dissect the income statement components. Discuss the significance of each component in evaluating Alphabet's financial performance and profitability.

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