You have valued a house for $115,500 using direct sales comparison. Four other sales recently occurred in the same neighborhood, though not necessarily on properties you would have selected for direct sales comparison analysis. The assessed values and sales prices of these houses, as well as the assessed value for the subject property, are as follows:

Sale	Assessed Value	Selling Price
1	$50,000	$122,600
2	51,300	135,200
3	54,300	118,600
4	34,600	102,000
Subject	40,500

a.) Appraise the subject using an assessed value/price ratio.

b.) How does this value relate to the $115,500 estimated traditionally?