Prepare journal entries to record these transactions and events. 1. During 2022 Leavitt County collected personal income taxes in the amount of $3,520,000 as a result of withholdings by employers and payments of estimated taxes by taxpayers for 2022. 2. At year-end Leavitt Countys Finance Director estimated that, by April 15, 2023 (when taxpayers are required to file their final tax returns for 2022), taxpayers will make payments of $192,500 with their tax returns and request refunds of $352,000. 3. The Finance Director also estimated that late filers will pay $49,500 of taxes applicable to 2022 when they ultimately file their tax returns. Leavitt Countys written policy regarding personal income taxes is to consider only payments received with final returns by April 15 as available.