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 receivable—delinquent: $18,000; allowance for uncollectible taxes: $2,000; deferred inflows of resources—property 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.