Create a simulation of a simple income statement for the data elements shown below—produce a risk profile and determine statistical summary data for profit (average, max, min, standard deviation, etc.):
(a) Revenue: Normally distributed mean of $140k and standard deviation of $26k
(b) COGS: A percentage of Revenue, with outcomes of 24%, 35%, and 43%, all equally likely
(c) Variable costs: A percentage of Revenue, with outcome 35% one-half as likely as outcome 45%
(d) Fixed costs: $20k (constant).