Question: Given the following information, prepare an income statement for Square, Inc. for the year ending December 31, 2024: Revenue $960,000,000 Cost of Goods Sold $480,000,000

Given the following information, prepare an income statement for Square, Inc. for the year ending December 31, 2024:

Revenue

$960,000,000

Cost of Goods Sold

$480,000,000

Operating Expenses

$440,000,000

Depreciation Expense

$87,000,000

Interest Expense

$80,000,000

Taxes

28% of Net Income

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