Multiple choice problem identify the best answer based on the following facts about an Enterprise Fund for a utiloity operation: outstanding bonds issued for capital improvements 10,500,000 transfer to general fund (occurs annually) 500,000 charges for services earned in the current year 14,600,750 unspent capital bond issue proceeds 4,000,000 salaries and wages expense for the current year 9,600,000 interest earnings on all investments 600,000 fair market value of water lines donated by a local developer 1,000,000 net book value of all other existing capital assets 7,310,500 8. invested in capital assets, net of related debt, would be a. $7,310,500 b. $8,310,500 c. ($2,189,500) d. $4,310,500 e. $1,810,500 9. cash flows for noncapital financing activities would decrease a. 0 b. $10,100,000 c. $9,500,000 d. $500,000 e. none of the above 10. the operating statement of the enterprise fund would not be directly impacted by a. the amount of unspent bond proceeds at the end of the year b. the donation by the local developer c. the transfer to the general fund d. all of the above e. items a and b only