During 2017, the City Issued $300 in Fines for Failure

Multiple Choice

During 2017, the city issued $300 in fines for failure to keep real property in 'acceptable' condition. During that period the city spent $200 to mow and clean up the unoccupied properties for which the fines were assessed. The city estimates that $30 of the fines issued in 2017 will be uncollectible. During 2017 the city collected $230 related to 2017 fines and $20 related to 2016 fines. The amount of revenue that the city should recognize in its 2017 governmental fund financial statements related to fines is

A) $230.
B) $250.
C) $270.
D) $300.