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Given the following information, prepare an income statement for Apple Inc. for the year ending December 31, 2024: Revenue $880,000,000 Cost of Goods Sold $440,070,000

Given the following information, prepare an income statement for Apple Inc. for the year ending December 31, 2024:

Revenue

$880,000,000

Cost of Goods Sold

$440,070,000

Operating Expenses

$400,000,800

Depreciation Expense

$79,800,000

Interest Expense

$74,000,000

Taxes

28% of Net Income

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