Facebook (Meta Platforms, Inc.) financial data for the year 2023:

Description	Amount ($)
Revenue	118,250,000
Cost of Revenue	48,820,000
Operating Expenses	42,130,000
Interest Expense	1,500,000
Tax Rate	21%

Requirements:

1. Prepare an Income Statement for Facebook for the year 2023.
2. Calculate the Gross Profit.
3. Determine the Operating Income.
4. Calculate the Net Income after taxes.
5. Evaluate the profit margin ratio for Facebook.