Question:
River County is planning to purchase of two new garbage trucks at $150,000 each, one new bulldozer at $240,000, and three new riding lawn mowers at $16,000 each. They also plan to build an activity center in the downtown area for $650,000. The expected life of the garbage trucks is ten years, eight years for the bulldozer, five years for the lawn mowers, and forty years for the activity center.
Create a report that will be their capital budget, showing items to be obtained, their life and the total costs.