Kirby County established a tax agency fund to collect property taxes for the City of Kix, the City of Denton, and Kirby County School District. Total tax levies of the three governmental units were $200,000 for the year, of which $60,000 was for the City of Klx, $40,000 for Denton, and $100,000 for the School District. The tax custodial fund charges a 2% collection fee that it transfers to the General Fund of the County in order to cover costs incurred for custodial fund operations. During the year the tax agency fund collected and remitted $150,000 of the $200,000 levies to the various governmental units. Collection fees associated with the $150,000 were remitted to Kirby County's General Fund prior to the year-end. Required: 1. Prepare the Journal to record the tax collection during the year in the Tax Custodial Fund (3 points) 2. Prepare the Journal to record the allocation of tax collected to the participating general funds during the year in the Tax Custodial Fund. ( points) 3. Prepare the Journals to record the receipts of taxes distributed by the following participating General Funds (9 points)