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Local Co, has sales of $10.9 million and cost of sales of $5.6 million. Its selling, general and administrative expenses are $520,000 and its research

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Local Co, has sales of $10.9 million and cost of sales of $5.6 million. Its selling, general and administrative expenses are $520,000 and its research and development is $1.5 million. It has annual depreciation charges of $1.1 million and a tax rate of 35%. Local's gross margin is 48.62%, its operating margin is 20.00%, and its net profit margin is 13.00% If Local Co. had interest expense of $700,000, how would that affect each of its margins? Local's new gross margin is 48.62%, new operating margin is %, and new net profit margin is (Round to two decimal places)

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