The following are selected events for the city. Record the appropriate journal entry in the General Fund only for each of the events. The events are unrelated to each other unless specifically noted otherwise. 1. The city records the adopted budget at the beginning of the year. Expected revenues are $ 25,000,000 and expected spending is $24,500,000. 2. The city collects in cash fines and forfeits of $50,000. This amount has not been recorded. 3. The city orders 3 new police cars for the police department at an estimated cost of $20,000 each. 4. The city pays the bi-weekly salaries of $15,000 to the public safety employees 5. Two of the police cars ordered in 4. above are delivered with an invoice of $20,000 each. The city will pay for these in 3 weeks. The remaining police car is expected to be delivered next month. 6. The city revises its budget to increase the estimated revenues by $100,000 and appropriations by $110,000. 7. The remaining police car is delivered. It will be paid in 3 weeks. 8. A property owner in the city has assessed value of $240,000. If the property tax rate is 35 mills, how much will the property tax be? This is not a journal entry.