2. The City of Charlotte levied property taxes in 2012 in the amount of $10 million. It is estimated that 2% will be uncollectible. During 2012, $9,000,000 was collected, and it is anticipated that $400,000 will be collected during the next 60 days. When moving from the changes in fund balances in the Statement of Revenues, Expenditures, and Changes in Fund Balances to the changes in net assets in the Statement of Activities, what will be the adjustment? (ignore any possible effect resulting from the previous years deferral) A) Zero B) An increase of $200,000. C) An increase of $400,000. D) An increase of $800,000