Westbrook Equipment Company posted sales of $843,800 and costs of $609,900 for 2012. The firm paid $38,200 in interest and $12,000 in dividends. It also increased retained earnings by $61,763 for the year. The depreciation was $76,400. What is the average tax rate? 32.83 percent 33.33 percent 38.17 percent 43.39 percent 48.70 percent