1. TarHeel Corporation reported pretax book income of $1,028,000. During the current year, the net reserve for warranties increased by $101,400. In addition, tax depreciation exceeded book depreciation by $207,000. Finally, TarHeel subtracted a dividends received deduction of $55,600 in computing its current-year taxable income. TarHeel's accounting effective tax rate is

I know that you take 55,600 * 21% and you get 11,676 and then divide that by 1,028,000 and you get 1.14% but then what do you do next to get the effective rate the question is asking? Please explain!