At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of which $350,000 are considered uncollectible. During 2020 the county sends out tax bills in the amount of $10,000,000, of which $600,000 are expected to be uncollectible. Cash collections on 2019 taxes are $140,000, and the remaining uncollected taxes are written off. Cash collections on 2020 taxes are $9,500,000. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible. How does activity in 2020 related to 2019 taxes affect 2020 property tax revenue? Select one: O A. Increase of $10,000. B. No effect O C. Reduction of $10,000. D. Increase of $140,000. Question 8 Not yet answered Marked out of 2.00 P Flag question At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of which $350,000 are considered uncollectible. During 2020 the county sends out tax bills in the amount of $10,000,000, of which $600,000 are expected to be uncollectible. Cash collections on 2019 taxes are $140,000, and the remaining uncollected taxes are written off. Cash collections on 2020 taxes are $9,500,000. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible. What are total property tax revenues for 2020, related to 2020 tax bills? Select one: 0 A. $10,000,000 B. $ 9,600,000 O C. $ 9,500,000 D. $ 9,400,000 Question 9 Not yet answered Marked out of 2.00 P Flag question At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of which $350,000 are considered uncollectible. During 2020 the county sends out tax bills in the amount of $10,000,000, of which $600,000 are expected to be uncollectible. Cash collections on 2019 taxes are $140,000, and the remaining uncollected taxes are written off. Cash collections on 2020 taxes are $9,500,000. Of the $500,000 uncollected at the end of 2020, $100,000 are expected to be collected within 60 days, $65,000 are expected to be collected more than 60 days after year-end, and the rest are uncollectible. The general fund's balance sheet at the end of 2020 will include: Select one: A. Deferred inflows of $65,000 B. Property taxes receivable, net of uncollectibles, of $100,000 O C. Deferred inflows of $165,000 D. Property taxes receivable, net of uncollectibles, of $500,000 O