Details from Oracle Corporation:

For the year ended December 31, 2023, Oracle Corporation provided the following data:

Item	Amount
Sales revenue	$3,700,000
Cost of goods sold	$1,800,000
Operating expenses	$500,000
Interest expense	$90,000
Dividend revenue	$45,000
Income tax expense	$250,000
Preferred stock dividends	$15,000
Preferred stock	$250,000
Common stock	$1,000,000
Retained earnings, Jan 1, 2023	$800,000

Instructions:

Prepare a multi-step income statement.

Compute the earnings per share.

Prepare a statement of retained earnings.

Calculate the debt to equity ratio.

Determine the net profit margin.