Select the correct text in the passage. Which part/word/phrase in the passage refers to a business's financing activity seen in a cash flow statement? Nathan works as an accountant in a footwear manufacturing company. He is currently preparing the cash flow statement for his employer. During the given accounting period, the company purchased raw materials worth $25.000 it also bought new equipment worth $75,000 to increase its production output. Further, it borrowed a fong-term bank loan of $100.000 to facilitate further expansion. Finally, the company spent $50.000 on advertising its latest brand of footwear in the market.