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The village of Warrenville levies property taxes in the amount of $4,290,000 for the fiscal year ended June 30, 2013. It collects $4,200,000 during the

The village of Warrenville levies property taxes in the amount of $4,290,000 for the fiscal year ended June 30, 2013. It collects $4,200,000 during the year. Regarding the $90,000 of delinquent receivables, it expects to collect $60,000 in July and August of 2013 and another $20,000 after August 2013 but before March 2014. It expects to write off $10,000 as uncollectible. How much should the village recognize as property tax revenues in its government-wide Statement of Activities for the fiscal year ended June 30, 2013.

Question 22 options:

$4,280,000

$4,290,000

$4,270,000

$4,200,000

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