The Town of Quincy's fiscal year ends on June $30.$ The following data relate to the property tax levy for the fiscal year ended June $30,2024.$

a$.$ The balance in Deferred Inflows$-$Property Taxes was $$67,000$ at the end of the previous year. This was recognized as revenue in the current year in a reversing journal entry.

b$.$ On July $1,2023,$ property taxes in the amount of $$8,600,000$ were levied. It was estimated that $0\mathrm{.}5$ percent would be uncollectible. The property taxes were intended to finance the expenditures for the year ended June $30,2024.$

c$.$ October $31,$$$4,650,000$ in property taxes were collected.

d$.$ December $31,$$$3,750,000$ in additional property taxes were collected.

e$.$ Receivables totaling $$9,200$ were deemed to be uncollectible and written off.

f$.$ On June $30,$ $$75,000$ was moved from Revenues Control to Deferred Inflows, because it was not expected to be collected within $60$ days.