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At the start of 2024, a county general fund issues property tax bills in the amount of 510,000,000. It expects to collect 39,800,000 from property

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At the start of 2024, a county general fund issues property tax bills in the amount of 510,000,000. It expects to collect 39,800,000 from property owners, with the rest expected to be uncollectible. During the year, $9,500,000 in 2024 property taxes is collected of the remaining $500,000 in uncollected taxes at yearend, it is estimated that $250,000 will be collected within 60 days, $100,000 will bs collected later in the year, and the rest are uncollectible. The general fund reports a year-end allowance for uncollectible taxes in the amount of Selectone: a. $300,000 b. $150,000 c. $250,000 d. 5200,000

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