3. The following transactions were among those reported by the Scobey County Water and Power Enterprise Fund for the fiscal year ended June 30, 2006:

Proceeds from issuance of revenue bonds $5,000,000 Cash deposits received from customer households 3,000,000 Cash contributed by subdividers 1,000,000 In the water and power enterprise fund’s statement of cash flows for the year ended June 30, 2006, the amount to be reported as cash flows from capital and related financing activities is:

a. $9,000,000

b. $8,000,000

c. $6,000,000

d. $5,000,000