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The Town of Pavilion's July 1, 2015 balance sheet reports the following property tax accounts: Taxes receivable $300,000 Allowance for uncollectible taxes (140,000) Taxes receivible,

The Town of Pavilion's July 1, 2015 balance sheet reports the following property tax accounts:

Taxes receivable $300,000
Allowance for uncollectible taxes (140,000)
Taxes receivible, net $160,000

During fiscal 2016, $170,000 in cash is collected on fiscal 2015 taxes and the remainder are written off. The town levies fical 2016 property taxes in the amount of $2,000,000. It estimates that uncollectible property taxes for 2016 are $120,000. Cash collected for 2016 property taxes is $1,825,000. $30,000 of the remaining uncollected 2016 taxes are expected to be collected early in fical 2017. What are property tax revenues for fiscal 2016?

A. $1,825,000

B. $1,865,,000

C. $1,695,000

D. $1,840,000

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