For the year ended December 31, 2023, The Walt Disney Company provides the following information:

Item	Amount ($)
Sales Revenue	100 billion
Cost of Goods Sold	40 billion
Operating Expenses	30 billion
Interest Expense	5 billion
Tax Rate	25%

Required:

• Prepare an income statement for The Walt Disney Company for the year ended December 31, 2023.
• Calculate the gross profit margin percentage.
• Determine the net income after taxes.