For its fiscal year ending September $30,202,$ Twin City levied $$500$ million in property taxes.

It collected taxes applicable to fiscal $202$ as follows $($in millions$)$:

The city estimates that $$10$ million of the outstanding balance will be uncollectible. For the

fiscal year ending September $30,20$X$2,$ how much should Twin City recognize in property tax

revenue $($in millions$)$ in its general fund?

a$.$ $$440$

b$.$ $$460$

c$.$ $$475$

d$.$ $$490$

Assume the same facts as in the previous example. How much should Twin City recognize in

property tax revenue $($in millions$)$ in its government$-$wide statement of activities?

a$.$ $$440$

b$.$ $$460$

c$.$ $$475$

d$.$ $$490$