For this question $(2$ questions will use this info and the Dupont Model$),$ assume you are performing exceptionally well in your new supply chain management position. Your goal was to reduce material costs by $7\%,$ and your annual review indicates that you have achieved this goal. Use the values below to calculate the cost of goods sold based on you achieving your $7\%$ goal.

$\backslash$table$[[$Revenue $($Sales$)$ :$,53,620,000$