Question1 A city starts a solid waste landfill that it expects to fill to capacity gradually over a 10-year period. At the end of the first year, it is 8 percent filled. At the end of the second year, it is 19 percent filled. Currently, the cost of closure and postclosure is estimated at $1 million. None of this amount will be paid until the landfill has reached its capacity. Which of the following is true for the Year 2 government-wide financial statements? a. Both expense and liability will be zero. b. Both expense and liability will be $110,000. c. Expense will be $110,000 and liability will be $190,000. d. Expense will be $100,000 and liability will be $200,000. explain briefly with in 10min otherwise skip