Abbott Township is preparing their statement of cash flows for their Water and Sewer Enterprise Fund and noted the following transactions: | |
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Cash payments from customers | $ 250,000 | Property tax receipts to subsidize operations | 150,000 | Special assessment receipts to defray the cost of improved wastewater infrastructure | 50,000 | Operating transfers out | (125,000) |
Abbot Township's statement of cash flows should include which of the following amounts?
| | Operating activities
| Noncapital financing activities
| Capital and related financing activities
| Investing activities
|
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|
a. | $250,000 | $25,000 | $50,000 | $0 | |
b. | $275,000 | $0 | $50,000 | $0 | |
c. | $400,000 | ($125,000) | 0 | $50,000 | |
d. | $250,000 | $150,000 | $50,000 | ($125,000) |
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