1. Imagine a retail chain's income statement for the fiscal year ending December 31st. The statement includes revenues from sales, cost of goods sold, operating expenses, interest expenses, and taxes.
   1. Sales revenue is $10,000,000.
   2. Cost of goods sold (COGS) amounts to $4,000,000.
   3. Operating expenses total $2,500,000.
   4. Interest expenses are $200,000.
   5. The effective tax rate is 25%.

Compute the net income for the retail chain and interpret the implications of the figures for stakeholders.