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Moores Honey Bees. You have the following information. Net sales - 32,000,000 Gross Profit - 18,700,000 Operating expenses - 2,500,000 Addition to Retained Earnings -

Moores Honey Bees.

You have the following information.

Net sales - 32,000,000

Gross Profit - 18,700,000

Operating expenses - 2,500,000

Addition to Retained Earnings - 4,700,000

Dividends - 2,900,000

Depreciation - 2,800,000

The firms tax rate is 35%. Calculate the cost of goods sold and the interest expense.

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