The income statement of Rawl Company for the year ended December 31, 2010, shows the following:

Net sales

$360,000

Cost of sales

190,000

Gross profit

170,000

Selling, general, and administrative expense

80,000

Income before unusual write offs

90,000

Provision for unusual write offs

50,000

Earnings from operations before income taxes

40,000

Income taxes

20,000

Net earnings from operations before extraordinary charge

20,000

Extraordinary charge, net of tax of $10,000

50,000

Net earnings (loss)

($30,000)

Required Compute the net earnings remaining after removing unusual write offs and the extraordinary charge. Remove these items net of tax. Estimate the tax rate for unusual write offs based on the taxes on operating income.