12. The City of Tutland issued $10 million, 6 percent, 10-year bonds at 101 to finance refurbishment of its water utility fund equipment. The bond is suance is reported in the water utility enterprise fund statement of cash flows as a. A cash flow from operating activities. b. A cash flow from noncapital financing activities. c. A cash flow from capital and related financing activities. d. A cash flow from investing activities