For the base case in this section, as a percentage of sales, COGS -69 percent, SGA = 14 percent, R\&D - 2.5 percent. Depreciation, Interest expense are fixed as stated. Tax Rate is 20 percent. 1.3 Given the following case, calculate the independent effects of a 1 percent increase in Gross Margin, a 1 percent decrease in the TaxRate. and a 5 percent increase in Sales. 18 Decrease in Tax Rate 5% increase in Sale Sales $ 5 Cost of goods sold 1,456 Selling general, and administrative expense. 295 Depreciation 160 Research and development 53 Total costs and expenses $1,964 Operating Income 146 Interest expense 39 Earnings before income Taxes $107$ 5 Provision for Income Taxes 21 Net Income $863 Swe for later Attempts: of 2 used Sxbmit Answar Question Part Score For the base case in this section, as a percentage of sales, COGS -69 percent, SGA = 14 percent, R\&D - 2.5 percent. Depreciation, Interest expense are fixed as stated. Tax Rate is 20 percent. 1.3 Given the following case, calculate the independent effects of a 1 percent increase in Gross Margin, a 1 percent decrease in the TaxRate. and a 5 percent increase in Sales. 18 Decrease in Tax Rate 5% increase in Sale Sales $ 5 Cost of goods sold 1,456 Selling general, and administrative expense. 295 Depreciation 160 Research and development 53 Total costs and expenses $1,964 Operating Income 146 Interest expense 39 Earnings before income Taxes $107$ 5 Provision for Income Taxes 21 Net Income $863 Swe for later Attempts: of 2 used Sxbmit Answar Question Part Score