Drop Down for Business form

I have a form that has a drop down box i need to expand to more than two selections currently i have a functions.php file with the code. I need some help if you could. On expanding the list. It shouldn't take much i would assume. I need to add

spare_needed

between open and closed.

I tried spreading it out to else if statements but that didn't work.

    if($new_old == "open"){
        $no_select = '                                      <option value="">SELECIONAR (SELECT ONE)</option>
                                          <option value="open" selected>ABERTO (OPEN)</option>
                                          <option value="closed">ENCERRADO (CLOSED)</option>';
    }
    else{
        $no_select = '                                      <option value="">SELECIONAR (SELECT ONE)</option>
                                          <option value="open">ABERTO (OPEN)</option>
                                          <option value="closed" selected>ENCERRADO (CLOSED)</option>';
    }

                                                if(${'new_old' . $i} == "open"){
                                                    echo '<option value="">SELECIONAR (SELECT ONE)</option>
                                                          <option value="open" selected>ABERTO (OPEN)</option>
                                                          <option value="closed">ENCERRADO (CLOSED)</option>';                                                  
                                                }
                                                else if(${'new_old' . $i} == "closed"){
                                                    echo '<option value="">SELECIONAR (SELECT ONE)</option>
                                                          <option value="open">ABERTO (OPEN)</option>
                                                          <option value="closed" selected>ENCERRADO (CLOSED)</option>';                                                 
                                                }

                                        echo '