Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

On 1 January 2010, Elegant Fragrances Company issues ￡1,000,000 face value, five-year bonds with annual interest payments of ￡55,000 to be paid each 31 December. The market interest rate is 6.0 percent. Using the effective interest rate method of amortisation, Elegant Fragrances is most likely to record:
Option A:an interest expense of ￡55,000 on its 2010 income statement.
Option B:a liability of ￡982,674 on the 31 December 2010 balance sheet.
Option C:a ￡58,736 cash outflow from operating activity on the 2010 statement of cash flows

Answer: B