Assume a company's Income Statement for Year 12 is as follows:

Income Statement Data	Year 12 (in 000s)
Net Revenues from Footwear Sales	$ 280,000
Cost of Pairs Sold	150,000
Warehouse Expenses	15,000
Marketing Expenses	35,000
Administrative Expenses	8,000
Operating Profit (Loss)	72,000
Interest Income (expenses)	(10,000)
Pre-tax Profit (Loss)	62,000
Income Taxes	18,600
Net Profit (Loss)	$ 43,400

Based on the above data, which of the following statements is false?
		Cost of pairs sold are 53.6% of net revenues.
		Interest expenses are 3.6% of net revenues.
		Marketing costs are 10.9% of net revenues.
		Warehouse expenses are 5.4% of net revenues.
		Administrative expenses are 2.9% of net revenues