Following are income statements for Hossa Corporation for 20X1 and 20X2. Percentage of sales amounts are also shown for each operating expense item. Hossa's income tax rate was 22% in 20X1 and 24% in 20X2.

20X1 20X2 ($ in millions) $ in millions $ of sales $ in millions $ of sales Sales $ 5, 500.0 $ 6, 500.0 Cost of sales (2, 475 .0) (3, 055.0) 478 Other operating expenses (825.0) 15% (1, 040.0) 168 Operating income 2, 200.0 2, 405.0 Provision for income taxes (484.0) (577.2) Net income $ 1, 716.0 $ 1, 827 . B Income tax rate 242