Marsh Company purchased a factory building by issuing long-term notes payable. How will Marsh report this purchase?

Group of answer choices

A) As a significant noncash activity

B) As a cash outflow in the operating section of the statement of cash flows

C) As a cash outflow in the investing section of the statement of cash flows

D) As a cash outflow in the financing section and a cash inflow in the investing activities section of the statement of cash flows