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As the tax assessor for Indian Creek County, you have been informed that due to budgetary demands, a tax increase will be necessary next year.

As the tax assessor for Indian Creek County, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $200,000,000. Currently, the assessment rate is 35% and the tax rate is 30 mills. The county commission increases the assessment rate to 45% and the tax rate to 35 mills.
(a) How much property tax (in $) was collected under the old rates?
$
(b) How much more tax (in $ ) revenue will be collected under the new rates?
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