During the current year, the City of Plattsburgh recorded the following transactions related to its property taxes:

Required

1. Prepare journal entries to record the property tax transactions in the General Fund.
2. Determine the amount of property tax revenue recognized during the current year in the General Fund

I NEED HELP WITH PORTION B!!

Required A:

. Levied property taxes of $6,550,000, of which 2 percent is estimated to be uncollectible.
1	General Fund	Taxes ReceivableCurrentselected answer correct	6,550,000selected answer correct	not attempted
		Allowance for Uncollectible Current Taxesselected answer correct	not attempted	131,000selected answer correct
		Revenuesselected answer correct	not attempted	6,419,000selected answer correct
2. Collected current property taxes amounting to $5,969,000.
2	General Fund	Cashselected answer correct	5,969,000selected answer correct	not attempted
		Taxes ReceivableCurrentselected answer correct	not attempted	5,969,000selected answer correct
3. Collected $52,500 in delinquent taxes and $4,800 in interest and penalties on the delinquent taxes. These amounts had been recorded as Deferred Inflows of Resources in the prior year.
3a	General Fund	Record the collection of $52,500 in delinquent taxes and $4,800 in interest and penalties on the delinquent taxes.
		Cashselected answer correct	57,300selected answer correct	not attempted
		Taxes ReceivableDelinquentselected answer correct	not attempted	52,500selected answer correct
		Interest and Penalties Receivable on Taxesselected answer correct	not attempted	4,800selected answer correct
3b		Record the reversal of deferred inflows of resources.
		Deferred Inflows of ResourcesUnavailable Revenuesselected answer correct	57,300selected answer correct	not attempted
		Revenuesselected answer correct	not attempted	57,300selected answer correct
4. Imposed penalties and interest in the amount of $7,000 but only expects to collect $6,200 of that amount.
4	General Fund	Interest and Penalties Receivable on Taxesselected answer correct	7,000selected answer correct	not attempted
		Allowance for Uncollectible Interest and Penaltiesselected answer correct	not attempted	800selected answer correct
		Revenuesselected answer correct	not attempted	6,200selected answer correct
5. Reclassified uncollected taxes and interest and penalties as delinquent. These amounts are not expected to be collected within the first 60 days of the following fiscal year.
5a	General Fund	Record the reclassification of uncollected taxes.
		Taxes ReceivableDelinquentselected answer correct	581,000selected answer correct	not attempted
		Allowance for Uncollectible Current Taxesselected answer correct	131,000selected answer correct	not attempted
		Taxes ReceivableCurrentselected answer correct	not attempted	581,000selected answer correct
		Allowance for Uncollectible Delinquent Taxesselected answer correct	not attempted	131,000selected answer correct
5b		Record the entry to reclassify the net receivable, interest and penalties as deferred inflow of resources.
		Revenuesselected answer correct	456,200selected answer correct	not attempted
		Deferred Inflows of ResourcesUnavailable Revenuesselected answer correct	not attempted	456,200