Jack, a young entrepreneur in Chicago, wants to open a payment channel with Birdie, who runs a social media app, to pay for services and possibly tip content creators. Jack owns a single UTXO for 0.01 BTC and would like to fund the channel with 200,000 sat (recall 1 BTC= 108108 sat).

1. Describe the characteristics of the channels funding transaction, including inputs/outputs/amounts/content of locking scripts. Assume the blockchain fee is currently 30,000 sat.