The City of Casper Levied Property Taxes for 2014 in the Amount

The City of Casper levied property taxes for 2014 in the amount of $8,000,000.By the end of the year,$7,300,000 had been collected.It was estimated that $400,000 would be collected during the next 60 days of 2015 and that $240,000 would be collected after that and the remainder would be uncollectible.The City has a policy of recognizing the full amount possible for property taxes.Which of the following statements is true?

A) The amount reported for property tax revenue in the government-wide Statement of Activities would be $7,700,000.
B) The amount reported for property tax revenue in the governmental fund Statement of Revenues, Expenditures, and Changes in Fund Balances would be $7,940,000.
C) Both A and B.
D) None of the above.