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Mariota Industries has sales of $353,180 and costs of $187,690. The company paid $29,190 in interest and $13,750 in dividends. It also increased retained earnings

Mariota Industries has sales of $353,180 and costs of $187,690. The company paid $29,190 in interest and $13,750 in dividends. It also increased retained earnings by $67,286 during the year. If the company's depreciation was $18,095, what was its average tax rate?

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