Details for Nimbus Enterprises for the fiscal year ending January 31, 2024:

• Sales: ₹900,000
• Cost of Goods Sold: ₹550,000
• Administrative Expenses: ₹60,000
• Selling Expenses: ₹45,000
• Interest Expense: ₹20,000
• Income Tax: ₹28,000

Requirements:

1. Compute the gross profit.
2. Calculate the operating profit.
3. Determine the net profit before tax.
4. Compute the net profit after tax.
5. Prepare the income statement in a structured table format.