On January 1, 2020, the City of Hastings creates a solid waste landfill that it expects to reach capacity gradually over the next 20 years. If the landfill were to be closed at the current time, closure costs would be approximately $172 million plus an additional $760,000 for postclosure work. Of these totals, the city must pay $55,500 on December 31 of each year for preliminary closure work At the end of 2020, the landfill reaches 6 percent of capacity. At the end of 2021, the landfill reaches 12 percent of capacity. At the end of 2021, a reassessment is made Experts determine total closure costs will be $192 million rather than $172 million a. Assume the city views the landfill as an enterprise fund. What journal entries should the city make In 2020 and 2021 in preparing government-wide financial statements? b. Assume the city views the landfill as being within the general fund. What journal entries should the city make in 2020 and 2021 in preparing government-wide financial statements? c. Assume the city views the landfil as on enterprise fund. What journal entries should the city make in 2020 and 2021 in preparing fund financial statements? d. Assume the city view the landfill os being within the general fund. What journal entries should the city make in 2020 and 2021 in preparing fund financial statements On January 1, 2020, the City of Hastings creates a solid waste landfill that it expects to reach capacity gradually over the next 20 years. If the landfill were to be closed at the current time, closure costs would be approximately $172 million plus an additional $760,000 for postclosure work. Of these totals, the city must pay $55,500 on December 31 of each year for preliminary closure work At the end of 2020, the landfill reaches 6 percent of capacity. At the end of 2021, the landfill reaches 12 percent of capacity. At the end of 2021, a reassessment is made Experts determine total closure costs will be $192 million rather than $172 million a. Assume the city views the landfill as an enterprise fund. What journal entries should the city make In 2020 and 2021 in preparing government-wide financial statements? b. Assume the city views the landfill as being within the general fund. What journal entries should the city make in 2020 and 2021 in preparing government-wide financial statements? c. Assume the city views the landfil as on enterprise fund. What journal entries should the city make in 2020 and 2021 in preparing fund financial statements? d. Assume the city view the landfill os being within the general fund. What journal entries should the city make in 2020 and 2021 in preparing fund financial statements