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The City of Tampa adopted a policy of recognizing property tax revenue consistent with the 60-day rule allowable period under GAAP. The property taxes levied

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The City of Tampa adopted a policy of recognizing property tax revenue consistent with the 60-day rule allowable period under GAAP. The property taxes levied for 2019 is $6.000.000 Cash collections related to property taxes are as follows: January 15, 2019: property taxes paid, due in 2020 $250,000 February 15, 2019: property taxes paid, due in 2019 $5,000,000 March 01, 2019: property taxes paid, due in 2016 $100.000 March 15, 2019: property taxes paid, due in 2016 $200.000 April 15, 2019: property taxes paid due in 2019 $210,000 Accumulated Delinquent Accounts Redeivable (Previous to 2019) $700.000 The total amount of property tax revenge that will be recognized in the government wide financial statements 2019 Select one: O a. $5,250,000 O b. $6,000,000 O c. $5,550,000 O d. $5,000,000. O e. $5,410,000

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