The following transactions were among those reported by Cliff County’s water and sewer enterprise fund for 2005:
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|
Proceeds from sale of revenue bonds |
$5,000,000 |
|
Cash received from customer households |
3,000,000 |
|
Capital contributed by subdividers |
1,000,000 |
In the water and sewer enterprise fund’s statement of cash flows for the year ended December 31, 2005, what amount should be reported as cash flows from capital and related financing activities?
- $9,000,000
- $8,000,000
- $6,000,000
- $5,000,000