Kirby County established a tax custodial fund to collect property taxes for the County of Kirby General Fund, the City of Denton, and Kirby County Independent School District. Total tax levies of the three governments were $$200,000$ for the year, of which $$60,000$ was for the County of Kirby, $$40,000$ for Denton, and $$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 custodial fund collected and remitted $$150,000$ of the $$200,000$ levies to the various governments. Collection fees associated with the $$150,000$ were remitted to Kirby County$$s General Fund prior to yearend.

For the Kirby County Tax Custodial Fund, prepare the journal entries to record the tax levy, taxes collected during the year, and the remittances made to participating governments. Also prepare a table showing the distribution of taxes and fees to participating governments. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$