On August 1, Year 1, Jackson Company Issued a One-Year

On August 1, Year 1, Jackson Company issued a one-year $80,000 face value interest-bearing note with a stated interest rate of 9% to Galaxy Bank. Jackson accrues interest expense on December 31, Year 1, its calendar year-end. What is the cash flow from financing activities that will be reported during the year ending December 31, Year 1?

A) $0
B) $80,000 inflow
C) $83,000 inflow
D) ($87,200) outflow