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 $25 million, so current year revenue was $1.25 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 $22 million. c. Compute next year's hotel tax revenue assuming next year's tax base decreases to $19 million. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute next year's hotel tax revenue assuming next year's tax base equals the current year base. (Enter your answer in millions rounded to 2 decimal places.) Tax revenue million Required A Required B>