Choice "C" is correct. Cash flows from capital and related financing activities include contributions from subdividers and proceeds from sale of revenue bonds ($900,000 + $4,500,000$5,400,000). Cash received from customer households ($2,700,000) would be reported as cash flows from operating activities. Enterprise funds are required to present a statement of cash flows similar to that of a for-profit entity. The categories of cash flows are: cash flows from operating activities, cash flows from non-capital financing activities, cash flows from capital and related financing activities, and cash flows from investing activities. Choice "b" is incorrect. Cash flows from both capital and related financing activities include contributions from subdividers and proceeds from sale of revenue bonds ($900,000 + $4,500,000$5,400,000).Choice "d" is incorrect. Cash flows from both capital and related financing activities include contributions from subdividers and proceeds from sale of revenue bonds ($900,000 + $4,500,000$5,400,000). Cash received from customer households ($2,700,000) would be reported as cash flows from operating activities. Choice "a" is incorrect. Cash flows from capital and related financing activities include contributions from subdividers and proceeds from sale of revenue bonds ($900,000 + $4,500,000$5,400,000). Cash received from customer households ($2,700,000) would be reported as cash flows from operating activities.