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Consider the income statement of GreenEnergy Corp. for the fiscal year ending December 31st, with the following figures: Revenue: $5,000,000 Cost of Goods Sold (COGS):

  1. Consider the income statement of "GreenEnergy Corp." for the fiscal year ending December 31st, with the following figures:
    • Revenue: $5,000,000
    • Cost of Goods Sold (COGS): $1,800,000
    • Operating Expenses: $1,200,000
    • Interest Expenses: $100,000
    • Taxes: 25%

Compute the net income for GreenEnergy Corp. and analyze the profitability of the company's operations.

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