On July 1, 2020, the beginning of its scal year, Ridgedale County recorded gross property tax levies of $4,200,000. The county estimated that 3 percent of the taxes levied woutd be uncollectible. As of April 30, 2021, the due date for all property taxes, the county had collected $3,900,000 in taxes. During the current scal year, the county collected $53,000 in delinquent taxes and $4,800 in interest and penalties on the delinquent taxes. The county imposed penalties and interest in the amount of $14,500 but only expects to collect $12,800 of that amount. At the end of the scal year (June 30, 2021), uncollected taxes, interest, and penalties are reclassied. They are not expected to be collected within the rst 60 days for the following scal year Required Record entries for the above transactions as stated in the individual statements below, and post corresponding information into the Revenues ledger as appropriate. a. Prepare journal entries to record the tax levy on July 1, 2020, in the General Fund. (Ignore all entries in the governmental activities journal.) b. Prepare a summary journal entry to record the collection of current taxes as of April 30. c Prepare a summary journal entry to record the collection of delinquent taxes, interest, and penalties. (You may assume that d. Prepare the journal entry necessary to reclassify the uncollected tax amounts as delinquent. Assume these taxes are not e. Prepare the journal entry necessary to record interest and penalties if they are not expected to be collected soon after year- these amounts had been designated Deferred inflows of Resources.) expected to be collected within 60 days of year-end. end