$xYZ$ is evaluating a project that would require the purchase of a piece of equipment for $$540,000$ today. During year $1,$ the project is expected to have relevant revenue of $$784,000,$ relevant costs of $$208,000,$ and relevant depreciation of $$130,000.$ XYZ would need to borrow $$540,000$ today to pay for the equipment and would need to make an interest payment of $$21,000$ to the bank in $1$ year. Relevant net income for the project in year $1$ is expected to be $$345,000.$ What is the tax rate expected to be in year $1?$

A rate equal to or greater than $36\mathrm{.}19\%$ but less than $50\mathrm{.}03\%$

A rate less than $20\mathrm{.}29\%$ or a rate greater than $50\mathrm{.}03\%$

A rate equal to or greater than $26\mathrm{.}52\%$ but less than $36\mathrm{.}19\%$

A rate equal to or greater than $23\mathrm{.}21\%$ but less than $26\mathrm{.}52\%$

A rate equal to or greater than $20\mathrm{.}29\%$ but less than $23\mathrm{.}21\%$