JKL Industries, a consumer electronics manufacturer, provides the following financial details for the year ended September 30, 2023:

Sales Revenue: $10,000,000

Cost of Goods Sold: $6,500,000

Operating Expenses: $2,000,000

Depreciation Expense: $300,000

Interest Expense: $100,000

Income Tax Expense: $250,000

Accounts Receivable: $700,000

Inventory: $900,000

Accounts Payable: $500,000

Total Current Assets: $2,500,000

Total Current Liabilities: $1,000,000

Requirements:

Prepare a comprehensive income statement for JKL Industries for the year ended September 30, 2023.

Calculate the gross profit margin.

Determine the net income.

Compute the current ratio.

Calculate the inventory turnover ratio.