1.A municipality has a budget of $13,350.00 and must collect that amount from a tax base of $987,000.00. a PROPERTY within that municipality has an assessed value of $285,000.00.The annual property tax for this property is (appromxialtely)

a.$2,850

B.$2,107

C.$3,353

D.$3,855

2.The closing date of a transaction in December 15th. The property is oil heated and has a 200 gallon oil tank. On the day prior to closing, the tank is filled. The amount required to fill the tank was 122.5 gallons at a pirce of $4.98 per gallon. Who receieves credit on the statement of adjustements and in what amount?

A.$996.00 CREDIT TO THE SELLER

B.$46.39 CREDIT TO THE BUYER

C.$949.61 CREDIT TO SELLER

D.$610.05 CREDIT TO BUYER