As the tax assessor for indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. the total market value of the property in the county is $400,000,000. currently, the assessment rate is 35% and the tax rate is 30 mills. the county commission increases the assessment rate to 55% and the tax rate to 35 mills. (a) how much property tax (in $) was collected under the old rates? $