As the cost accountant for Procter & Gamble Co., you are required to prepare the income statement for the fiscal year ending June 30, 2023, using the following data:

• Sales revenue: $120,000,000
• Cost of goods sold: $72,000,000
• Operating expenses: $24,000,000
• Interest expense: $3,600,000
• Income tax expense: $7,200,000

Prepare the income statement for Procter & Gamble Co. for the fiscal year ending June 30, 2023.