Below is Columbia Sportwears income statement. COLUMBIA SPORTSWEAR COMPANY Consolidated Statements of Operations (in thousands, except per share amounts) Year Ended December 31 Year 3 Year 2 Year 1 Net sales $ 1,669,563 $ 1,693,985 $ 1,483,524 Cost of sales 953,169 958,677 854,120 Gross profit 716,394 735,308 629,404 Selling, general, and administrative expenses 596,635 614,658 534,068 Net licensing income 13,769 15,756 7,991 Income from operations 133,528 136,406 103,327 Interest income, net 379 1,274 1,564 Income before income tax 133,907 137,680 104,891 Income tax expense (34,048 ) (34,201 ) (27,854 ) Net income $ 99,859 $ 103,479 $ 77,037 What is Columbias effective tax rate for Year 3? (Enter your answer as a percentage rounded to 1 decimal place (i.e. 0.123 should be entered as 12.3).)