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The tax collection custodial fund of Fair Haven County collected $1,050,000 for the Fair Haven School District, $500,000 for the Village of Fair Haven, $600,000

image text in transcribed The tax collection custodial fund of Fair Haven County collected $1,050,000 for the Fair Haven School District, $500,000 for the Village of Fair Haven, $600,000 for the Fair Haven Park District, and $375,000 for Fair Haven County. County General Fund employees handle the collections, and a 3.5% collection fee is charged all units except the county. How much revenue should be recognized by the General Fund as a result of these collection activities? Multiple Choice $67.375 $88,375 $70,875 $75,250

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