Platinum Water Banking is evaluating the climbing wall project. During year 1, the climbing wall project is expected to have relevant revenue of 679,800 dollars, relevant variable costs of 328,000 dollars, and relevant depreciation of 64,800 dollars. In addition, Platinum Water Banking would have one source of fixed costs associated with the climbing wall project. Platinum Water Banking just signed a deal with Indigo River Media to develop an advertising campaign for use in the project. The terms of the deal require Platinum Water Banking to pay Indigo River Media either 67,000 dollars in 1 year if the project is pursued or 110,000 dollars in 1 year if the project is not pursued. Relevant net income for the climbing wall project in year 1 is expected to be 152,229 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