Five sections for reporting items in an Internal Service Fund Statement of Cash Flows prepared using the direct method $($excluding the reconciliation of operating income to cash flows from operations$)$ are:

A$.$ Operating Activities

B$.$ Noncapital Financing Activities

C$.$ Capital and Related Financing Activities

D$.$ Investing Activities

E$.$ Noncash Financing and Investing Activities

Using these five sections, indicate in which section each of the following Internal Service Fund transactions should be reported. If a transaction should not be reported on the Statement of Cash Flows, indicate it using the letter $$X$.$

$7.\_\_\_\_$ Amortization of the Deferred Interest Expense Adjustment created when the

capital asset debt was refunded.

$8.\_\_\_\_$ Transfer to a Capital Projects Fund to provide financing for a general governmentcapital asset construction project.

$9.\_\_\_\_$ Purchases of investments with cash received from issuing bonds to finance construction of Internal Service Fund capital assets.

$10.\_\_\_\_$ Transfer to the General Fund for the purpose of financing specific operating costs of a department accounted for in that fund.

$11.\_\_\_\_$ Issuing bonds to provide operating cash for the Internal Service Fund.

$12.\_\_\_\_$ Signing a capital lease for equipment to be used by activities accounted for in the Internal Service Fund.

$13.\_\_\_\_$ Interest received during the year earned on investments.

$14.\_\_\_\_$ Transfer the proceeds from the sale of an Internal Service Fund capital asset to the General Fund.

$15.\_\_\_\_$ Depreciation on Internal Service Fund capital assets.

$16.\_\_\_\_$ Proceeds of bonds issued to finance construction of Internal Service Fund capital assets.

$17.\_\_\_\_$ Interest paid on bonds issued to finance construction of an Internal Service Fund capital asset.

$18.\_\_\_\_$ Principal retirement payments on bonds issued to finance construction of Internal Service Fund capital assets

$19.\_\_\_\_$ Unrealized gain on investments held at year end.

$20.\_\_\_\_$ Receipt of a capital grant for an ongoing Internal Service Fund capital asset construction project.