When Oscar City prepared its governmental fund balance sheet for the year ended December 31, 2018, the General Fund column contained the following balances: Property taxes receivabledelinquent: $18,000; Allowance for uncollectible taxes: $2,000; Deferred inflows of resourcesproperty taxes: $5,000. During 2019, Oscar collected $16,000 of the delinquent taxes and wrote off the balance of the allowance account.

Oscar levied real property taxes in the amount of $1,350,000 to finance its General Fund budget for the calendar year 2019. During the year, Oscar collected $1,280,000 against this levy. With regard to the remaining $70,000, Oscar expected to collect $47,000 during the first 2 months of calendar year 2020 and $20,000 later in the year between March and August 2020. Oscar wrote off $3,000 as uncollectible.

Using this information, (a) calculate how much property tax revenue Oscar will recognize in its governmental fund statements for 2019; (b) calculate how much property tax revenue Oscar will rec-ognize in its government-wide statements for 2019; and (c) prepare the journal entries needed to adjust the fund statements so government-wide statements can be prepared.