Please correct the following income statement for a startup business

Service Now
Income Statement
For Years Ending Dec 31st, 2023, Through Dec 31st, 2025
	2023	2024	2025
Net Sales	$ 1,730,000	$ 1,827,500	$ 3,880,000
Cost of Sales	-	-	-
Gross Profit	1,730,000	1,827,500	3,880,000
Selling and Operating Expenses	160,000	165,000	220,000
General and Administration Expenses	618,339	780,008	780,008
Total Operating Expenses	778,339	945,008	1,000,008
Operating Income	$ 951,661	$ 882,492	$ 2,879,992
Other Income	-	-	-
Gain (Loss) on Financial Instruments	-	-	-
(Loss) Gain on Foreign Currency	-	-	-
Interest Expense	15,328	13,784	12,112
Depreciation	10,000	10,000	10,000
Amortization	15,328	13,784	12,112
EBITDA	976,989	906,276	2,902,104
Income Before Taxes	951,661	882,492	2,879,992
Income Tax Expense	$ 259,500	$ 274,125	$ 582,000
Net Income	$ 676,833	$ 594,583	$ 2,285,880
Net Profit Margin (%)	40%	33%	59%

.