i thought the same thing.. i havent crunched ur numbers but ill give u 2 reasons why IMO bulking for u seems odd:
1. youre 17%body fat which is high IMO and ur only 2 weeks into the cycle which means u were this fat when u started.
2. u state u want to be 12%body fat by the end and that is not going to happen running a bulk (caloric surplus). in order to reduce body fat u have to be running a cut (caloric deficit).. thats what cutting is, reducing body fat..
IMO u need to decide what u want more: reduce body fat or gain LBM.. personally if i were u i would be cutting but i also wouldnt be cycling either.. not at 17% at the start, no way in hell! thats just me though..
i hope this answers ur question..