Walmart's Income Statement for the year 2023 includes the following information:

• Sales Revenue: $500,000,000
• Cost of Goods Sold: $300,000,000
• Operating Expenses: $120,000,000
• Interest Expense: $10,000,000
• Income Tax Expense: $20,000,000

Requirements:

1. Prepare a comprehensive Income Statement for Walmart for the year 2023.
2. Calculate the Operating Income.
3. Determine the Net Income after taxes.
4. Compute the Earnings Per Share (EPS), assuming Walmart has 50,000,000 shares outstanding.
5. Analyze Walmart’s profitability based on the Income Statement.