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Platinum Water Aviation is evaluating the laser tag center project. During year 1, the laser tag center project is expected to have relevant revenue of

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Platinum Water Aviation is evaluating the laser tag center project. During year 1, the laser tag center project is expected to have relevant revenue of 920,600 dollars, relevant variable costs of 339,700 dollars, and relevant depreciation of 73,300 dollars. In addition, Platinum Water Aviation would have one source of fixed costs associated with the laser tag center project. Platinum Water Aviation just signed a deal with Orange Valley Consulting to develop an advertising campaign for use in the project. The terms of the deal require Platinum Water Aviation to pay Orange Valley Consulting either 129,300 dollars in 1 year if the project is pursued or 153,100 dollars in 1 year if the project is not pursued. Relevant net income for the laser tag center project in year 1 is expected to be 364,912 dollars. What is the tax rate expected to be in year 1? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098. Number

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