Arco Steel, Inc. generated total sales of $70.528,591 during the fiscal year. Depreciation and amortization for the year totaled $2,739,050, and cost of goods sold was $28,193,481. Interest expense for the year was $9,756,663 and selling. general, and administrative expenses totaled $4.590.923 for the year. What is Arco's EBIT? Round to the nearest two decimals if needed. Do not type the $ symbol