Suppose you bought a sofa for a total purchase price of $1,184.97. State taxes were 4%. What was the amount of the sales tax (in $)? (Round your answer to the nearest cent.) $ +A Calculate the assessed value (in $) and the property tax due (in $) on the property. Fair Market Value Assessment Rate Assessed Value Property Tax Rate Property Tax Due $175,000 100 $ $1.20 per $100 $ Calculate the property tax rate required to meet the budgetary demands of the community. Note: When calculating budgetary demands, always round up. (Round your answers to two decimal places.) Community Total Assessed Property Valuation Total Taxes Required Percent Morningside $653,000,000 $32,900,000 % $ Property Tax Rate Per $100 (in $) Per $1,000 (in $) Mills $