Popes Garage had the following accounts and amounts in its financial statements on December 31, 2016. Assume that all balance sheet items reflect account balances at December 31, 2016, and that all income statement items reflect activities that occurred during the year then ended. Accounts receivable $ 32,600 Depreciation expense 10,500 Land 25,900 Cost of goods sold 87,000 Retained earnings 61,300 Cash 10,900 Equipment 70,500 Supplies 5,000 Accounts payable 22,400 Service revenue 22,100 Interest expense 2,200 Common stock 6,000 Income tax expense 14,234 Accumulated depreciation 42,000 Long-term debt 39,000 Supplies expense 12,700 Merchandise inventory 25,800 Sales revenue 155,000 What was the average income tax rate for Popes Garage for 2016?