Please help with the tax revenue question. Show all work. Please explain how you get the new amount of luxury boats.

The data describes the market for luxury boats. Now the government puts 40 percent tax on luxury boats. With the tax imposed, the price of a luxury boat is A. $4.20 million O B. $1.20 million O C. $270 million O D. $3 million O E. $3.60 million With the 40 percent tax on luxury boats, O A. it is impossible to say how the tax is split between the buyer and seller. O B. the seller pays all of the tax. O C. the buyer and the seller split the tax evenly. D. the tax reduces the quantity of luxury boats sold to zero, so there is no tax. E. the buyer pays all of the tax. The government raises tax revenue of $ 231.60 million. > >> Answer to 1 decimal place. The graph shows the market for luxury boats before and after the 40 percent tax is put on luxury boats. Draw a shape that represents the excess burden of the tax. The tax is because at the quantity produced O A. inefficient; marginal benefit exceeds marginal cost O B. efficient; marginal benefit exceeds marginal cost O C. efficient; the seller receives the price the buyer pays O D. efficient; marginal cost exceeds marginal benefit O E. inefficient; marginal cost exceeds marginal benefit