The following statement will be used to answer questions 4-7 J. Brumley Industries reported the following items for the current year: Sales = $4,950,000; Cost of Goods Sold =$2,250,000; Depreciation Expense = $195,000; Taxes =$525,000; Administrative Expenses =$175,000; Interest Expense =$57,500; and Marketing Expenses =$135,000. 4. J. Brumley's gross profit is equal to (1.5 points) 5. J. Brumley's operating income is equal to (1.5 points) 6. J. Btumley's operating profit margin is equal to (1.5 points) 7. J. Brumley's net profit margin is equal to (1.5 points)