The following facts relate to Tamarisk Corporation. 1. Deferred tax liability, January 1, 2020, $ 34,800. 2. Deferred tax asset, January 1, 2020, $ 11,600. 3. Taxable income for 2020, $ 121,800. 4. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $ 266,800. 5. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $ 110,200. 6. Tax rate for all years, 20%. No permanent differences exist. 7. The company is expected to operate profitably in the future. Compute the effective tax rate for 2020. (Round answer to 0 decimal places, e.g. 25%) Effective tax rate %