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Norton County Operated a Landfill and Accounted for It as an Enterprise

Question 45

Multiple Choice

Norton County operated a landfill and accounted for it as an enterprise fund. The closure and postclosure care costs are estimated to be $15,000,000. It is estimated that the capacity of the landfill is 3 million tons of waste and that waste will be accepted for 10 years. During 2009, 500,000 tons of waste was accepted by the landfill. The charge for closure and postclosure care costs for 2009 would be:


A) $0
B) $1,500,000
C) $2,500,000
D) Impossible to determine from the information given

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