A city starts a solid waste landfill during 2023. When the landfill was opened the city estimated that it would fill to capacity within 6 years and that the cost to cover the facility would be $1.8 million which will not be paid until the facility is closed. At the end of 2023, the facility was 15% full, and at the end of 2024 the facility was 35% full.If the landfill is judged to be a governmental fund, what liability is reported on the fund financial statements at the end of 2024?Multiple Choice$270,000$630,000$360,000$540,000$0