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Country singer Dolly Parton is set to expand her entertainment empire and open a water-snow theme park in Nashville, Tennessee. The 66-year-old launched Dollywood in the Pigeon Forge area of Tennessee in 1986 and added a water park next door in 2001. Now Parton is working on a new addition to her popular attractions and she announced plans for the new $50 million venture on E! online.The new, as of yet unnamed park, will be opened in the Spring or Summer of 2014.



  1.  In general, how would you book the $50 million dollar costs?
  2. How should these costs be classified on the financial statements?
  3. What is Dolly’s Secret regarding Dollywood?


Cnn Video. (2012). Dolly’s New Adventure, Jan. 19 (Retrievable online at

King, Dennis. (2012) Dolly Parton’s Dollywood Secret. News OK, Jan. 24 (Retrievable online at