13. Chevron Corporation, an energy company, presented the following data:

• Sales Revenue: $3,200,000,000
• Variable Costs: $2,000,000,000
• Fixed Costs: $900,000,000
• Interest Expense: $120,000,000
• Depreciation: $150,000,000
• Tax Rate: 24%
• Total Assets: $2,700,000,000
• Total Liabilities: $1,700,000,000
• Shareholders' Equity: $1,000,000,000

Requirements:

1. Prepare an Income Statement for Chevron.
2. Calculate the Contribution Margin.
3. Determine the Break-Even Point in units (assume the average sales price per unit is $60).
4. Calculate the Debt-to-Equity Ratio and Interest Coverage Ratio.