What is the oine item description for $20$Y$7$ and what is the total for $20$Y$7?$

Capital Expenditures Budget On August $1,20$Y$4,$ the controller of Handy Dan Tools Inc. is planning capital expenditures for the years $20$Y$5-20$Y$8.$ The controller interviewed several Handy Dan executives to collect the necessary information for the capital expenditures budget. Excerpts of the interviews are as follows: Director of Facilities: A construction contract was signed in May $2014$ for the construction of a new factory building at a contract cost of $$12,000,000.$ The construction is scheduled to begin in $20$Y$5$ and completed in $20$Y$6.$ Vice President of Manufacturing: Once the new factory building is finished, we plan to purchase $$4\mathrm{.}8$ million in equipment in late $2016.$ I expect that an additional $$480,000$ will be needed early in the following year $(20$Y$7)$ to test and install the equipment before we can begin production. If sales continue to grow, I expect we'll need to invest another $500,000$ in equipment in $20$Y$8.$ Vice President of Marketing: We have really been growing lately. I wouldn't be surprised if we need to expand the size of our new factory building in $20$Y$8$ by at least $25\%.$ Fortunately, we expect inflation to have minimal impact on construction costs over the next four years. Additionally, I would expect the cost of the expansion to be proportional to the size of the expansion. Director of Information Systems: We need to upgrade our information systems to wireless network technology. It doesn't make sense to do this until after the new factory building is completed and producing product. During $20$Y$7,$ once the factory is up and running, we should equip the whole facility with wireless technology, I think it would cost us $$400,000$ today to install the technology. However, prices have been dropping by $11\%$ per year, so it should be less expensive at a later date. President: I am excited about our long$-$term prospects. My only short$-$term concern is financing the $$7,200,000$ of construction costs on the portion of the new factory building scheduled to be completed in $20$Y$5.$ Use the interview information above to prepare a capital expenditures budget for Handy Dan Tools Inc. for the years $20$Y$5-20$Y$8.$ If an amount box does not require an entry, leave it blank. Enter all amounts as positive numbers. HANDY DAN TOOLS INC. Capital Expenditures Budget For the Four Years Ending December $31,20$Y$5-20$Y$8$ Line Item Description $20$Y$520$Y$620$Y$720$Y$8$ Building $7,200,0004\mathrm{.}800,0003,000,000$ Equipment $4,800,000480,000500,000$ Information systems