Netflix Inc.:

• Revenue: $31,616,000
• Cost of Goods Sold (COGS): $20,000,000
• Research and Development Expenses: $2,500,000
• Selling, General, and Administrative Expenses (SG&A): $4,000,000
• Interest Expense: $600,000
• Other Income: $500,000
• Income Tax Expense: $2,200,000

Prepare the profit and loss account and calculate the net income for Netflix Inc.