Question: A city opens a solid waste landfill that it expects to fill to capacity gradually over a 2 8 - year period. At the end

A city opens a solid waste landfill that it expects to fill to capacity gradually over a 28-year period. At the end of the first year, it is 19 percent filled. At the end of the second year, it is 41 percent filled.
Currently, the cost of closure and postclosure is estimated at $1 million. None of this amount will be paid until the landfill has reached 90 percent of its capacity.
Which of the following is true for the Year 2 government-wide financial statements?

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