Governmental Research Memo

You should access the GASB Codification to answer the question below. You should use the memo format from the chapter $4$ appendix in your text $($and used for the Codification research activity$).$

All along the sides of Route $10,$ residents displayed signs saying: "County Executive: Fix this Road!" Wanting to minimize the negative publicity associated with this sign campaign, the County Executive authorized a $$1\mathrm{.}8$ million investment in upgrades to the road. How should the county account for these upgrades? Is the cost capital or expense? What other information may be required to evaluate this issue?