As an auditor for Johnson & Johnson, you are asked to verify the following financial data for the quarter ended June 30, 2023:

Account	Amount
Sales Revenue	$9,000,000
Cost of Goods Sold	$5,400,000
Selling Expenses	$1,200,000
Administrative Expenses	$800,000
Other Income	$300,000
Interest Expense	$200,000
Income Tax Expense	$600,000

Prepare an income statement for Johnson & Johnson and calculate the gross margin and net income for the quarter ended June 30, 2023.