Local Co. has sales of 510.4 milion and cost of sales of $5.7 milion. Its seling. general and administrative expenses are $480,000 and its tesearch and developmert is 51.1 million. It has ancual depeceiation charges of $1.3 mikon and a tax rale of 25% a. What is Local's grots margin? b. What is Locars operaing margin? c. What is Locals net prots margin? a. What is Locara gross marvin? Locats grons margin is W. (Round to one decimal place.) b. What is tocars cperating maryn? Locais operating maggin is h. (Round to one dedimal place) c. What is Locars net proft magin? Locare net proft margin is W. (Round to teo doeimat places.)