1. Garfield County operates a solid waste landfill that is accounted for as an enterprise fund. At the end of 2013, the Landfill Enterprise Fund had a liability for landfill closure and postclosure care costs of $50,000. The county estimated the total costs associated with closing and monitoring the landfill as listed below. REQUIRED: Calculate current period expenses for year-ends 2015. 2014 2015 Costs Equipment to be installed $3.5 million $3.0 million Final cover $0.5 million $1.0 million Monitoring and maintaining $4.0 million $5.0 million Capacity used ***YTD info 30,000 58,000 Estimated total capacity 600,000 580,000

		$350,000
		$400,000
		$500,000
		$900,000 400,000 is incorrect