3. [Para. 8-b-3] All cash collected in paragraph 8-D-2 was transferred to the other funds and governments in the amounts calculated, adjusted for collection fees deducted or added (see Para. 8-b-2). 4. [Para. 8-b-4] Current taxes were collected during the year for the funds and governments shown below: Current Taxes Funds/Governments: Collected City of Smithville General Fund $ 1,561,535 Smithville CSD 8,412,730 Smith County 2,069,800 Smith County FPD 1.747,540 Total collected $13,791,605 Required: Record the collections of current taxes and recognize specific liabilities to each fund or government, after deducting the 1 percent collection fee from other governments and adding the total collection fee to the amount due the City of Smithville General Fund. Make these entries only in the Tax Agency Fund general journal. 5. [Para. 8-b-5] All cash collected in paragraph 8-b-4 was transferred to the other funds and governments, adjusted for collection fees deducted or added. (Note: For simplicity, Chapter 4 of Smithville did not address this collection of fees by the agency fund.)