The City of Sunnyvales General Fund had the following transactions:

Record the effect of the following transactions on the General Fund and governmental activities for the year ended June 30, 2020.

1. The property tax levy for the fiscal year 2020 was recorded. The net assessed valuation of taxable property for the year was $43,000,000, and the tax rate was $5 per $100. It was estimated that 3 percent of the levy would be uncollectible.

2. $1,961,000 of current taxes, $103,270 of delinquent taxes, and $3,570 of interest and penalties were collected. The delinquent taxes and associated interest and penalties were collected.

3. Additional interest and penalties on delinquent taxes were accrued in the amount of $3,430, of which 30 percent was estimated to be uncollectible.

4. All unpaid current year's property taxes became delinquent. The balances of the current taxes receivables and related uncollectibles were transferred to delinquent accounts. The city uses the 60-day rule for all revenues and does not expect to collect any delinquent property taxes or interest and penalties in the first 60 days of the next fiscal year.

5. Record in general journal form entries to close the operating statement accounts in the General Fund only. Do not close the governmental activities accounts.

Note: I only need help with #5, please disregard #1-#4. Thank you.