To calculate the real estate tax, we can use the following formula:
Real estate tax = (Assessed value / 1000) * Tax rate
Plugging in the values we have:
- Assessed value = $665,500.00
- Tax rate = $57.26 per thousand dollars
Real estate tax = ($665,500.00 / 1000) * $57.26 = $38,107.03
Therefore, the real estate tax for the dairy farm is $38,107.03.