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The city of marlohaven has a december 31 fiscal year end, during 20x5 marlohaven levied $1000000 in property taxes. the following details are expected collection

The city of marlohaven has a december 31 fiscal year end, during 20x5 marlohaven levied $1000000 in property taxes. the following details are expected collection of marlohaven's general fund property tax levy for 20x5 Total levy $1 million Estimated to be uncollectible $15,000 Total estimated collectible levy $985,000 Collection during 20x5 $5000.


What amount should marlohaven report for 20x5 property tax revenue for statement of activities?

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