The following events and transactions relate to the Levy and Collection of property taxes for Reedville township. March $21,2016$ property tax bills for $2,500,000$ are sent to property owners and an estimated $2$ percent of the property tax Levies are uncollectible. The taxes are due on May $1.$ May $4,2016-$ $$1,900,000$ in taxes have collected. the remaining receivables are reclassified as delinquent. the Jedville general fund. how will property taxes be presented in the december $31,2016,$ balance sheet. What amount of property tax revenues should be reported for $2016.$