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Local Co. has sales of $10 A million and cost of sales of $5.6 million. Its selling general and administrative expenses are $490,000 and its

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Local Co. has sales of $10 A million and cost of sales of $5.6 million. Its selling general and administrative expenses are $490,000 and its resouch and development is $1.2 million. It has annual depreciation charges of $14 million and a tax rate of 35% Local's gross margin is 46.15%, its operating margin is 16.44%, and its net profit margin is 1069%. If Local Co had interest expense of $800,000, how would that affect each of its margins? Locals new gross margin is %, new operating margin is %, and now not profit margin is 1% (Round to two decimal places.)

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