What would be the amount that would be shown as expense


A government incurred expenses for its infrastructure as follows: $15 million for general repairs; $13 million to extend the life for existing infrastructure; and $12 million for additions and betterments. The government chooses to use the modified approach to record infrastructure. The infrastructure has a basis of $400 million and would be depreciated over a 40 year life, if depreciation were charged. what would be the amount that would be shown as expense in the Statement of Activities ?

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Accounting Basics: What would be the amount that would be shown as expense
Reference No:- TGS081754

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