C Points) 2. Piccolo Village determines that it needs to raise $3,500,000 in property taxes to balance its budget for 2019. The following information is available to determine the tax (millage rate): Property taxes to be collected Estimated uncollectible and delinquent property taxes Total assessed value of property at beginning of 2019 Assessed value of non-taxable village-owned property Adjustments to assessed values for veterans Adjustments to assessed values for senior citizens S3,500,000 S35,000 $80,000,000 $1,000,000 $800,000 $1,200,000 Required a. Compute the amount of property taxes required to be levied. b. Compute the tax rate per $100 of net assessed valuation. c. Determine the amount of property tax that a home owner whose property is assessed at $120,000 will have to pay