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For each of the following, show which section of the statement of cash flows the transaction will be shown for the City of Cordova Water
For each of the following, show which section of the statement of cash flows the transaction will be shown for the City of Cordova Water Fund (an Enterprise Fund): 0 Operating, I-Investing, N-Noncap and Related Financing, C-Cap and Related Financing (10 points) 1. 1. The Water Fund loaned $5,000 to the City Municipal Fund, with principal and interest due in 1 year. 1. 2. The Water Fund repaid $2,000 principal on its line of credit with the Chris National Bank. 1. 3. The Water Fund paid $3,000 interest on a mortgage that was used to expand the water treatment facility. 1. 4. ___ The Water Fund paid $3,000 for electricity supplied by the Cordova Electric Utility Fund (another enterprise fund). 1 5. The Water Fund collected $10,000 from its customers for water fees. 1. 6 The Water Fund collected $300 from new customers as deposits. The deposits will be repaid to the customers if they keep their accounts in good standing for the next 6 months and the funds are restricted. 1. 7. The Water Fund collected $5,000 from the Federal Government as part of Covid relief funding, with the funds to be used to put covid-monitoring systems (equipment) on the water reservoirs. 1. 8 The Water Fund paid $1,500 of PILOT (payment in lieu of taxes) to the Cordova General Fund. 1. 9. The Water Fund collected $300 of dividend revenues from its investments. 1. 10. The Water Fund paid $5,000 to acquire land that can be used in the future to put on more water refinement systems
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