Note: This is a Kaplan CPA Review Question
The following transactions were among those reported by Cliff County's water and sewer enterprise fund for 20X4: 
In the water and sewer enterprise fund's statement of cash flows for the year ended December 31, 20X4, what amount should be reported as cash flows from capital and related financing activities?
A) $9,000,000
B) $6,000,000
C) $8,000,000
D) $5,000,000
Correct Answer:
Verified
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