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Ford Motor Company provided the following financial data for the quarter ended September 30, 2024: Account Amount Sales Revenue $7,000,000 Cost of Goods Sold $4,200,000

Ford Motor Company provided the following financial data for the quarter ended September 30, 2024:

Account

Amount

Sales Revenue

$7,000,000

Cost of Goods Sold

$4,200,000

Selling Expenses

$1,000,000

Administrative Expenses

$800,000

Other Income

$200,000

Interest Expense

$150,000

Income Tax Expense

$350,000

Calculate the gross margin, operating income, and net income for Ford Motor Company for the quarter ended September 30, 2024

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