This question: $1$ point$($s$)$ possible

A giant tech company, Facenotebook, acquires a smaller tech company, Instaphoto, to use the social medial app that it holds. Where will the cost of this acquisition be recorded on the statement of cash flows?

A$.$ not recorded on the statement of cash flows

B$.$ as an outflow under operating activities

C$.$ as an outflow under investment activities

D$.$ as an outflow under financial activities

Time Remaining: $00$:$51$:$3$