Given the base case below, calculate the independent effects of a one percent (1%) increase in Gross Margin, a one percent (1%) decline in the tax rate, and a five percent (5%) increase in Sales. Colossal Chemical Corporation Year Ended December 31, 2020 (S000,000 omitted) Amount Sales ...$2,110 Cost of goods sold Selling, general, and administrative expense ..$ 528 Depreciation Base ..1,161 121 Research and development Total costs and expenses Operating Income Interest expense Interest (income) Earnings before Income Taxes Provision for Income Taxes Net Income 124 .84 1,893 ...$ 188 ..$ 64 ..121 ....$ 217 .....34 (5)