Tawas City levied $3,000,000 of property taxes to support general governmental operations for the current fiscal year. The city estimates that $100,000 will be uncollectible. During the current year and the first two months of the following year, $2,800,000 is expected to be collected with an additional $100,000 expected after the second month of next year. The amount of property tax revenue to be recognized in the current year is:

Select one:

A. $2,800,000 in governmental activities at the government-wide level and $2,900,000 in the General Fund.

B. $2,800,000 in governmental activities at the government-wide level and $2,800,000 in the General Fund.

C. $3,000,000 in governmental activities at the government-wide level and $2,000,000 in the General Fund.

D. $2,900,000 in governmental activities at the government-wide level and $2,800,000 in the General Fund.