Question 1 and 2?

Chapter 4 ICA 1. The General Fund of the City of Lexington approved a tax levy for the calendar year 2019 in the amount of $2,000,000. Or that amount, $30,000 is expected to be uncollectible. During 2019, 51,750,000 was collected. During 2020, S100,000 was collected during the first 30 days, S70,000 was collected during days 31-60, and $50,000 was collected during the days 61-90. During the postaudit, you discovered that the City showed $2,000,000 in revenues. How much revenue should the City recognize in 2019 from this tax levy? A) S 2,000,000 $1.970,000 c) $ 1,920,000 1,750,000 + 100,000+ 70,000+ 50,000 1,970 D) $1,750,000 2. What would be the effect on the General Fund's Fund Balance at the end of the current fiscal year of recording the purchase of a $15,000 new computer with a five year estimated useful life and zero salvage? A) B) Reduce the General Fund's Fund Balance $ 3.000. Reduce the General Fund's Fund Balance $15,000 Reduce the General Fund's Fund Balance $18,000. Have no effect on the General Fund's Fund Balance. D)