Perform the indicated operations and simplify. 
Definitions:
Property Taxes
Taxes levied by local governments based on the assessed value of real estate or other property owned.
Net Income
The amount of earnings left over after all operational, financial, and tax expenses have been deducted from revenues, indicating the company's profitability.
Segment Reporting
The practice of breaking down financial reports into divisions, product lines, or geographical markets to provide detailed financial information.
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