Red Royal Banking is evaluating the trampoline park project. During year 1, the trampoline park project is expected to have relevant revenue of 706,400 dollars, relevant variable costs of 327,300 dollars, and relevant depreciation of 77.400 dollars. In addition, Red Royal Banking would have one source of fixed costs associated with the trampoline park project Red Royal Banking just signed a deal with Orange Valley Marketing to develop an advertising campaign for use in the project. The terms of the deal require Red Roybl Banking to pay Orange Valley Marketing either 63, 100 dollars in 1 year if the project is pursued or 99,000 dollars in 1 year if the project is not pursued Relevant net income for the trampoline park project in year 1 is expected to be 257. 116 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 Red Royal Banking is evaluating the trampoline park project. During year 1, the trampoline park project is expected to have relevant revenue of 706,400 dollars, relevant variable costs of 327,300 dollars, and relevant depreciation of 77.400 dollars. In addition, Red Royal Banking would have one source of fixed costs associated with the trampoline park project Red Royal Banking just signed a deal with Orange Valley Marketing to develop an advertising campaign for use in the project. The terms of the deal require Red Roybl Banking to pay Orange Valley Marketing either 63, 100 dollars in 1 year if the project is pursued or 99,000 dollars in 1 year if the project is not pursued Relevant net income for the trampoline park project in year 1 is expected to be 257. 116 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