How do you calculate Interest Exp ?

Use the appropriate items from the following list to prepare in good form Bing Corporations income statement for the year ended December 31, 2021.

All values are in $1,000s

Accounts Receivable 350

Accumulated depreciation 205

Cash 30

Cost of Goods Sold 300

Depreciation Expense 55

General & Administrative Expense 95

Interest Expense xx

Common Stock Dividends 10

Sales Revenue 800

Stockholders Equity 265

Net Income 208

Tax Rate 35%