Based on the following information:.

Year	2014 Actual	2015 Forecasted
Net sales	$20,000
Growth rate in net sales		25.0%
Cost of goods sold/net sales		80.0%
Gen., sell., and admin. expenses/net sales		15.0%
Long-term debt	$500	$450
Current portion long-term debt	$50	$50
Interest rate		8.0%
Tax rate		40.0%
Dividend/earnings after tax		20.0%
Current assets/net sales		30.0%
Net fixed assets		$300
Current liabilities/net sales		12.0%
Owners equity	$2,800

If we ignore external financing needed, interest expense for 2015 equals

A. $32

B. $36

C. $40

D. $44