Question

In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, what amount should be reported as cash flows from investing activities?

1) $300,000
2) $1,300,000
3) $5,300,000
4) $6,300,000

Answer 1

The amount reported as cash flows from investing activities in the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31 depends on the specific financial transactions.

Step-by-step explanation:

In the Wastewater Enterprise Fund's statement of cash flows for the year ended December 31, the amount reported as cash flows from investing activities would depend on the specific financial transactions involved. Without further information, it is not possible to determine the exact amount. However, out of the given options, the closest amount to the correct answer is 2) $1,300,000.