Solve the Problem. -A Taxpayer's Property Has a Fair Market Value of $96,000

Solve the problem.
-A taxpayer's property has a fair market value of $96,000. The rate of assessment in the area is 60%. The tax rate is $3.16 per $100 of assessed valuation. Find the property tax.

A) $1,820.16
B) $1,880.83
C) $1,877.76
D) $1,850.50