A government reported expenditures for infrastructure as follows $18 million for improvements and additions, $20 million to extend the life of existing infrastructure: $17 million for general repairs. The cost of its infrastructure, excluding land, is $750 million, and the infrastructure has an estimated life of 50 years, on average. Which of the following would be the reported expense on millions) under each of the following options? Multiple Choice Deprecation Approach $32. Modified Approach $32 Dec on Approach 515 Modified Approach $32 o Depreciation Approach 516 Modified Approach 537 O Depreciation Approach 512 Mod A ch 537