The following information is available for three companies:

	Rope Co.			Chain Co.			Line Co.
Face value of bonds payable	$	270,000		$	696,000		$	668,000
Interest rate		6	%		5	%		4	%
Income tax rate		30	%		15	%		20	%

Required a. Determine the annual before-tax interest cost for each company in dollars.

b. Determine the annual after-tax interest cost for each company in dollars. (Round your answers to the nearest dollar amount.)

c. Determine the annual after-tax interest cost for each company as a percentage of the face value of the bonds. (Round your answers to 1 decimal place.)