Will Inc. leased an office equipment on September 30, 2021. The five-year finance lease agreement calls for Will to make quarterly lease payments of $195,774, payable each September 30, December 31, March 31, June 30, with the first payment at September 30, 2021. Wills incremental borrowing rate is 12%. Wilson recorded the lease as follows:

September 30, 2021
Right-of-use asset	3,000,000
Lease payable		3,000,000
Lease payable	195,774
Cash (first payment)		195,774

What will Wills statement of cash flows show for the year ended on December 31, 2021?

	a.	$3,000,000 will show as an inflow in investing activities and an outflow in financing activities
	b.	$3,000,000 will only show as an outflow in financing activities
	c.	$3,000,000 will show under noncash investing and financing activities
	d.	$3,000,000 will only show as an inflow in investing activities
	e.	$3,000,000 will not show anywhere in the statement of cash flows.