The city of Clement levies a 5 percent tax on the base price of rooms provided by hotels and motels located within the city limits. This year, the aggregate room price subject to tax was $28 million, so current year revenue was $1.40 million. Clement's city council recently voted to increase the hotel tax rate to 6 percent for the next fiscal year. Required: a. Compute next year's hotel tax revenue assuming next year's tax base equals the current year base. b. Compute next year's hotel tax revenue assuming next year's tax base decreases to $25 million. c. Compute next year's hotel tax revenue assuming next year's tax base decreases to $22 million