5. Prepare a detailed income statement for Coca-Cola Company for the fiscal year ending December 31, 2023. The company's revenue for the year was $10,000,000, with a cost of goods sold of $6,000,000. Operating expenses were $2,000,000, and interest expenses were $300,000. The company also had a gain on the sale of equipment amounting to $100,000. The tax expense for the year was $400,000. Discuss the company's profitability and potential areas for improvement.