oxpected vo be colected more than bu days aner the start of 2023. The county records the following transactions in 2023, related to property tax bilings and collections. 1. Property tax bils totaling $20,000,000 are sent out. The county expects that $250,000 of these bllls are uncollectible. 2. Property taxes of $19,567.500 are collected in cash. Of this amount, $137,500 is payment for 2022 taxes and the remainder is for 2023 taxes. 3. The uncollected thxes for 2022 are writien off. 4. Of the uncollected 2023 property taxes at year-end, it is estimated that $250,000 wil be collected within 60 days of year-end, and $100,000 wil be collected iater in 2024 . Pequired a. Al the beginning of 2023, Fairmont County has $225,000 in 2022 property taxes that have not been collected. How much of this amount was recorded as property tax revenue in 2022 ? b. How much property tax revenue is recogniced in 2023 on collections of 2022 property taxes? c. Prepare the joumal entry or entries to record 2023 colleotion of 2022 property taxes and the write-off of remaining baiances. oxpected vo be colected more than bu days aner the start of 2023. The county records the following transactions in 2023, related to property tax bilings and collections. 1. Property tax bils totaling $20,000,000 are sent out. The county expects that $250,000 of these bllls are uncollectible. 2. Property taxes of $19,567.500 are collected in cash. Of this amount, $137,500 is payment for 2022 taxes and the remainder is for 2023 taxes. 3. The uncollected thxes for 2022 are writien off. 4. Of the uncollected 2023 property taxes at year-end, it is estimated that $250,000 wil be collected within 60 days of year-end, and $100,000 wil be collected iater in 2024 . Pequired a. Al the beginning of 2023, Fairmont County has $225,000 in 2022 property taxes that have not been collected. How much of this amount was recorded as property tax revenue in 2022 ? b. How much property tax revenue is recogniced in 2023 on collections of 2022 property taxes? c. Prepare the joumal entry or entries to record 2023 colleotion of 2022 property taxes and the write-off of remaining baiances