Use following numbers provided to compose a simple income statement for the xyz company and profitability. Playitagain in Dover sold $53,000 worth of equipments in August. There are $19,000 labor cost (salary), and Playitagain paid $15,000 for these equipment originally. Finally there are rental cost $4,800, utility cost $669 in August. 1. Please calculate Playitagain August net income after tax in the income statement form given the corporate income tax rate 30%. 2. Calculate Playitagains profitability in August. * Profitability = Net Profit (income after tax)/ Total Revenue