Facebook (Meta) Inc.:

• Revenue: $117,929,000
• Cost of Goods Sold (COGS): $32,000,000
• Research and Development Expenses: $10,000,000
• Selling, General, and Administrative Expenses (SG&A): $17,000,000
• Interest Expense: $500,000
• Other Income: $1,000,000
• Income Tax Expense: $12,000,000

Prepare the profit and loss account and calculate the net income for Facebook (Meta) Inc.