The adjusted beginning and ending balances of three of Towson Countys general fund accounts for 2023 are below. All accounts relate to property taxes, and deferred inflows relate to taxes receivable that are not expected to be collected within 60 days. December 31, 2023 January 1, 2023 Taxes receivable $1,700,000 $1,600,000 Allowance for uncollectible taxes (360,000) (400,000) Deferred inflows (70,000) (60,000) The county sent out 2023 property tax bills totaling $20,700,000 at the beginning of the year, of which 2 percent were considered uncollectible. During 2023, $20,000,000 was collected in cash, including $1,000,000 related to past-due taxes from 2022. Towson County writes off all remaining balances related to 2022 taxes by the end of 2023. How much tax revenue does the county record in 2023 related to 2022 taxes? Select one: a. $200,000 reduction in tax revenue b. $140,000 reduction in tax revenue c. $60,000 increase in tax revenue d. $140,000 increase in tax revenue