1. Happy Meadows County operates a solid waste landfill that is accounted for as an enterprise fund. At the end of 2015, the Landfil Enterprise Fund had a liability for landfill closure and postclosure care costs of $32,000. The county estimated the total costs associated with closing and monitoring the landfill as folows: Total estimated closure and postclosure care costs fins $3,600.000 Total landfill capacity in metric tons] 450,000 Capacity used by year end 2016 in metric tons 36,000 Capacity used by year end 2017 in metric tons 75,000 a Calculate current period expenses for year-ends 2016 and 2017 b. Prepare the required journal entries at year-ends 2016 and 2017 to recognize the current period expenses. Be sure to show all of your work c. What was the capacity used through 2015 2. During the year, Raindrop City engaged in the following transactions. The city has a 12/31 fiscal year end. Record the transactions isted below and indicate in which fund the entry is made. a. On February 1, 2017, the city issued bonds in the amount of $700,000. The bonds sold for 102, and the city incurred $12,000 bonds issuance costs. The proceeds will be used to purchase a warehouse, to store old paperwork and other important city documents b. On February 17, 2017, the city purchased the warehouse mentioned above for $726,000. c. On March 29, 2017, the city transferred $121,000 to its debt service fund, for the upcoming payment of outstanding bonds' principal and interest. d. On April 1, 2017, the city made payments of $100,000 principal and $21,000 interest on outstanding bonds. e. On September 5, 2017, the city leased a paper shredding machine. The lease qualified as a capital lease. The terms of the lease required yearly payments, starting next year. The present value of the minimum lease payments is $11,000