Below are two years income statement records of the HTM Corp (imaginary). According to the given information, please answer the following questions.

Income Statement

HTM Corp.

Dec. 31, 2XX1 2XX2

Sales $1,200,000 $1,500,000

Cost of Sales $ 360,000 $ 480,000

Gross Profit $ 840,000 $1,020,000

Payroll Expenses $ 300,000 $ 360,000

Gen. & Admin. Exp. $ 144,000 $ 180,000

Other Expenses $ 120,000 $ 180,000

EBT $ 276,000 $ 300,000

Income Taxes $ ????? $ ???????

Net Income $ 165,600 $ 180,000

Determine the Tax Rate of 2XX1. Provide your answer rounded to the first decimal in percentage (as in ##.#%), if necessary.