8) (4 points) Property Tax Calculations using the Equalization Factor: Suppose that the City of Pawnee and Cook County have the exact same property tax system. That is, the City of Pawnee uses an equalization factor to ensure an equal assessment among all counties in Indiana. Local woodworker, Ron Swanson, owns and occupies a home in Pawnee that has a market value of $200,000. Since this property is his main residence, he qualifies for a homeowner exemption of $10,000. In Pawnee, the assessment level is 80% and the equalization factor is 2.5. The total millage rate is 70 mills. (Hint: Use the same property tax calculations as you would for Cook County). a) (1 point) What is the Equalized Assessed Value (EAV) before exemptions? b) (1 point) What is the Equalized Assessed Value (EAV) after exemptions? c) (2 points) How much does Ron Swanson ow in property taxes