Johnson & Johnson:

• Revenue: $93,775,000
• Cost of Goods Sold (COGS): $35,000,000
• Research and Development Expenses: $10,000,000
• Selling, General, and Administrative Expenses (SG&A): $20,000,000
• Interest Expense: $1,500,000
• Other Income: $1,200,000
• Income Tax Expense: $8,200,000

Prepare the profit and loss account and calculate the net income for Johnson & Johnson.