Capital Stock Depreciation and Investment – A Real World Example

From the WSJ:

Aging Interstate Highways Force States to Rebuild in Midst of Traffic

https://www.wsj.com/articles/the-interstate-is-crumbling-try-fixing-the-section-used-by-200-000-vehicles-a-day-11559056024

“Crews reconstructing I-4 through Orlando must work in a tight corridor flanked by buildings, juggle tasks with two dozen utilities, contend with sinkholes and repeatedly move lanes around, confusing oncoming drivers. Price to redo 21 miles: $2.3 billion”