A city has a solid waste landfill that was filled 12 percent in Year 1 and 26 percent in Year 2. During those periods, the government expected that total closure costs would be $2 million. As a result, it paid $50,000 to an environmental company on July 1 of each of these two years. Such payments will continue for several years to come. The city has a December 31 year-end. Use the same information above except that, by the end of Year 3, the landfill is 40 percent filled. The city now realizes that the total closure costs will be $3 million. Indicate whether each of the following independent statements is true or false and briefly explain each answer. a. If the city had known the costs were going to be $3 million from the beginning, the reporting on the fund financial statements would have been different in the past years if the landfill had been reported in an enterprise fund. b. If the landfill is monitored in the general fund, a liability will be reported for the governmental activities in the government-wide financial statements at the end of Year 3. C. A $680,000 expense should be recognized in Year 3 in the government-wide financial statements. d. Because the closure costs reflect a future flow of cash, any liability reported in the government-wide financial statements must be reported at present value