Canyon City issued $30,000 in fines to property owners during the year who violated local laws by failing to keep their unoccupied property in acceptable condition. During that year, the city spent $20,000 to mow and clean up these unoccupied properties. The city estimates that $3,000 of the fines issued during the year will be uncollectible.

During the year, the city collected $23,000 related to the current-year fines and collected $10,000 related to fines it assessed during the previous year. What amount of revenue should the city should recognize in its current-year governmental fund financial statements related to these fines?

Group of answer choices

$30,000.

$23,000

$27,000

$33,000