Below is a list of income statements accounts for Nepal inc. as of December 31,2021:

Revenue $5,960,000

Income tax expense 875,625

Income tax payable 750,000

Profit 2,626,875

Other expenses 97,500

Salaries expense 850,000

Suppliers expense 410,000

Interest expense 1,100,000

1. Present the income statement in the correct order
2. What is the applicable tax rate for Nepal Inc