The following information is available for Sandhill Corporation for $2024($its firshear of operations$).$

Excess of tax depreciation over book depreciation, $$37,200.$ This $$37,200$ difference will reverse equally over the years $2025-2028.$

Deferral, for book purposes, of $$21,400$ of rent received in advance. The rent will be recognized in $2025.$

Pretax financial income, $$274,100.$

Tax rate for all years, $20\%.$

x Your answer is incorrect.

Compute the effective income tax rate for $2025.($Round answer to $1$ decimal place, $e$

Effective income tax rate

$\%$