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Local Co has sales of $10.0 million and cost of sales of $6.0 million. Its selling, general and administrative expenses are $500,000 and its research

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Local Co has sales of $10.0 million and cost of sales of $6.0 million. Its selling, general and administrative expenses are $500,000 and its research and development is $1.0 million. It has annual depreciation charges of $1.0 million and a tax rate of 35%. Local's gross margin is 4000%, its operating margin is 1500%, and its net profit margin is 975%. If Local Co. had interest expense of $800,000, how would that affect each of its margins? Local's new gross margin is %, new operating margin is %, and new net profit margin is (Round to two decimal places.)

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