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Problem (60 pts) Volusia County collects, in addition to its own taxes, taxes for other units. Tax levied for 2019 were as follow Volusia County

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Problem (60 pts) Volusia County collects, in addition to its own taxes, taxes for other units. Tax levied for 2019 were as follow Volusia County General Fund Daytona Beach Daytona Beach Shores Deland South Daytona Volusia County School District Total $1,023,000 2,387,000 954,800 818,400 545,600 1.091.200 6,820,000 Collections from the 2019 Tevies amounted to $6,540.000 and were distributed in proportion to 1% collection fee charged Daytona Beach, Daytona Beach Shores. Deland, South Daytona, and the District Collection fees are remitted to the Volusia County General Fund. buted in proportion to the original levies, less a and, South Daytona, and the Volusia Counth School Required 1) Record the tax levies in the Volusia County Tax Agency Fund. 2) Record the collection from the 2019 tax levies in the Volusia County Tax Agency Fund and the speci the specific liabilities owed each fund and unit (Round all amounts to the nearest whole dollar.) 3) Record in the Volusia County Tax Agency Fund the transfer of collected taxes to each fund and units er of collected taxes to each fund and unit (show your work)

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