Builtrite had sales of $700,000 and COGS of $280,000. In addition, operating expenses were calculated at 25% of sales. Builtrite also received dividends of $50,000 and paid out common stock dividends of $25,000 to its stockholders. A long-term capital gain of $70,000 was realized during the year along with a capital loss of $50,000 Based on the above information, answer the following question:

Question 3 2 pts If we add to our problem that Builtrite also had $10,000 in interest expense, how much would this interest expense cost Builtrite after taxes? O $17,000 O $12,200 O $6,100 O $3,900