Local Co. has sales of million and cost of sales of million. Its selling, general and administrative expenses are and its research and development is million. It has annual depreciation charges of million and a tax rate of . Local's gross margin is %, its operating margin is %, and its net profit margin is %. If Local Co. had interest expense of , how would that affect each of its margins? Question content area bottom Part 1 Local's new gross margin is enter your response here%, new operating margin is enter your response here%, and new net profit margin is enter your response here%. (Round to two decimal places.)