e. A new street was completed at a cost of $250,000, which is to be charged, through the capital projects fund’s special assessments, against property owners in the vicinity. The city follows GASB...

e. A new street was completed at a cost of $250,000, which is to be charged, through the capital projects fund’s special assessments, against property owners in the vicinity. The city follows GASB recommendations and records infrastructure assets.

f. Evert developed computer software valued at $70,000 with an estimated useful life of seven years.