The remaining questions will use the following financial statements for Rheina Rainbows. All values are in thousands.

Balance Sheets as of December $31,2023$ and $2022$

$2023202220232022$

Assets Liabilities and Owner's Equity

Cash $841660$ Accounts Payable $3,0002,301$

Accounts Receivable $1,8652,002$ Short$-$term Notes Payable $500720$

Inventory $4,9904,200$ Long$-$Term Debt $14,74112,951$

Net Fixed Assets $22,00021,340$ Common Stock $10,00010,000$

Retained Earnings $1,4552,330$

Total Assets $29,69628,202$ Total Liabilities and Owner's Equity $29,69628,202$

$2023$ Income Statement

Net Sales $61,408$

COGS $39,581$

Depreciation $4,300$

Interest $2,090$

Taxes $3,396$

Net Income $12,041$

$17.$ What is Rheina Rainbow saverage tax rate, rounded to the nearest whole percentage?