In 2011,Weaver City signed a contract in the amount of $6,000,000 for the construction of a new city hall.Expenditures were $4,000,000 in 2011 and $2,050,000 in 2012,which included a change to the original construction design in the amount of $50,000.What amount should be added to net capital assets in the governmental activities accounts in 2012?
A) $6,000,000
B) $6,050,000
C) $2,050,000
D) $2,000,000.
Correct Answer:
Verified
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