On January $1,2024,$ the City of Hastings creates a solid waste landfill that it expects to reach capacity gradually over the next $20$ years. If the landfill were to be closed at the current time, closure costs would be approximately $$1\mathrm{.}24$ million plus an additional $$640,000$ for postclosure work. Of these totals, the city must pay $$42,000$ on December $31$ of each year for preliminary closure work. At the end of $2024,$ the landfill reaches $4$ percent of capacity. At the end of $2025,$ the landfill reaches $11$ percent of capacity. At the end of $2025,$ a reassessment is made. Experts determine total closure costs will be $$1\mathrm{.}44$ million rather than $$1\mathrm{.}24$ million.

Required:

Assume the city views the landfill as an enterprise fund. What journal entries should the city make in $2024$ and $2025$ in preparing government$-$wide financial statements?

Assume the city views the landfill as being within the general fund. What journal entries should the city make in $2024$ and $2025$ in preparing government$-$wide financial statements?

Assume the city views the landfill as an enterprise fund. What journal entries should the city make in $2024$ and $2025$ in preparing fund financial statements?

Assume the city views the landfill as being within the general fund. What journal entries should the city make in $2024$ and $2025$ in preparing fund financial statements? On January $1,2024,$ the City of Hastings creates a solid waste landfill that it expects to reach capacity gradually over the next $20$ years. If the landfill were to be closed at the current time, closure costs would be approximately $\backslash (\backslash$$ $1\mathrm{.}24\backslash )$ million plus an additional $\backslash (\backslash$$ $640,000\backslash )$ for postclosure work. Of these totals, the city must pay $\backslash (\backslash$$ $42,000\backslash )$ on December $31$ of each year for preliminary closure work. At the end of $2024,$ the landfill reaches $4$ percent of capacity. At the end of $2025,$ the landfill reaches $11$ percent of capacity. At the end of $2025,$ a reassessment is made. Experts determine total closure costs will be $\backslash (\backslash$$ $1\mathrm{.}44\backslash )$ million rather than $\backslash (\backslash$$ $1\mathrm{.}24\backslash )$ million.

Required:

a$.$ Assume the city views the landfill as an enterprise fund. What journal entries should the city make in $2024$ and $2025$ in preparing government$-$wide financial statements?

b$.$ Assume the city views the landfill as being within the general fund. What journal entries should the city make in $2024$ and $2025$ in preparing government$-$wide financial statements?

c$.$ Assume the city views the landfill as an enterprise fund. What journal entries should the city make in $2024$ and $2025$ in preparing fund financial statements?

d$.$ Assume the city views the landfill as being within the general fund. What journal entries should the city make in $2024$ and $2025$ in preparing fund financial statements?