Problem $2-21$ Income Statement $($LG$2-1)$

You have been given the following information for Moore's HoneyBee Corporation:

a$.$ Net sales $=$$$42,000,000.$

b$.$ Gross profit $=$$$19,200,000.$

c$.$ Other operating expenses $=$$$3,200,000.$

d$.$ Addition to retained earnings $=$$$8,270,000.$

e$.$ Dividends paid to preferred and common stockholders $=$$$2,000,000.$

f$.$ Depreciation expense $=$$$2,930,000.$

The firm's 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 Moore's HoneyBee Corporation.

Note: Round your answers to the nearest dollar amount.

$\backslash$table$[[$Cost of goods sold,$$,22,800,000$