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You have been given the following information for Moore s HoneyBee Corporation: Net sales = $ 4 5 , 0 0 0 , 0 0

You have been given the following information for Moores HoneyBee Corporation:
Net sales = $45,000,000.
Gross profit = $19,500,000.
Other operating expenses = $3,500,000.
Addition to retained earnings = $8,307,000.
Dividends paid to preferred and common stockholders = $2,200,000.
Depreciation expense = $2,010,000.
The firms tax rate is 21 percent. The firm's interest expense is all tax deductible.
Calculate the cost of goods sold and the interest expense for Moores HoneyBee Corporation.
Note: Round your answers to the nearest dollar amount.

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