Question 1 of 10 A state gets its money from a state lottery, a property tax, a sales tax of 5%,
and an excise tax. This year it projects that it will receive $32 million from the
state lottery, $40 million from the property tax, and $10 million from the
excise tax. If the state needs $100 million to cover its expenses, how many
dollars worth of taxable items must be purchased in the state this year for the
state to break even?
A. $18,000,000
B. $900,000
C. $90,000,000
D. $360,000,000