Coats Corp. generates $13,000,000 in sales. Its variable costs equal 85.50% of sales and its fixed costs are $500,000. Therefore, the company's operating income (EBIT) equals $1,385,000. The company estimates that if its sales were to increase 6.50%, its net income and EPS would increase 15.50%. What is the company's interest expense? Do not round intermediate calculations. a. $523,373 b. $804,194 c. $665,660 d. $1,417,692 e. $594,516