On January 1, 2020, a county government sends out property tax bills in the amount of $100,000,000. Of this amount, $15,000,000 is estimated to be uncollectible. During the year, $88,000,000 is collected. Of the $12,000,000 in uncollected taxes at December 31, 2020, $3,000,000 is expected to be collected within the next 60 days, and $1,800,000 is expected to be collected after 60 days. The rest are estimated to be uncollectible. In 2021, $10,000,000 is collected related to 2020 tax bills, and the remaining uncollected 2020 taxes are written off. What is the balance in the allowance for uncollectible taxes on the December 31, 2020 general fund balance sheet?

Select one:

A. $ 9,000,000

B. $12,000,000

C. $10,200,000

D. $ 7,200,000

Which item below would be reported in the other financing sources and uses section of the operating statement of the general fund?

Select one:

A. Transfers to other funds

B. Capital outlay

C. Payment of interest on bonds

D. Payment of principal on bonds