Blessings Corporation borrowed $45,000 on July 1, 2020. Blessings must repay the amount borrowed plus $12,000 in interest on July 1, 2024. Which of the following will correctly state Blessing's interest expense for 2024 and its cash flows for 2024? Interest expense $1,500; financing cash outflow $57,000 Interest expense $3,000; financing cash outflow $57,000 Interest expense $12,000; financing cash outflow $45,000; operating cash outflow $12.000 Interest expense $1,500; financing cash outflow $45,000; operating cash outflow $12,000 None of the above