Nvidia Corporation:

• Revenue: $26,914,000
• Cost of Goods Sold (COGS): $10,000,000
• Research and Development Expenses: $6,000,000
• Selling, General, and Administrative Expenses (SG&A): $5,000,000
• Interest Expense: $1,000,000
• Other Income: $800,000
• Income Tax Expense: $1,600,000

Prepare the profit and loss account and calculate the net income for Nvidia Corporation.