Calculate the income tax expense for Microsoft Corporation for the year ended December 31, 2024, given the following information:

• Revenue: $10,000,000
• Cost of Goods Sold: $4,000,000
• Operating Expenses: $2,000,000
• Interest Expense: $300,000
• Depreciation Expense: $500,000
• Tax Rate: 25%

Prepare the income statement and calculate the net income after tax for Microsoft Corporation.