Use the Following Information to Answer Questions Bellow

Multiple Choice

Use the following information to answer Questions bellow:
On April 1, 2020, Summit County issued $10,000,000 in variable rate debt, with interest paid on March 31 of each year, the county's fiscal year-end. The variable rate is adjusted at the beginning of each year. The variable rate for fiscal 2021 was 2.9%. On the same date, the county entered a receive variable/pay fixed interest rate swap, where the county pays a 3.1% fixed rate to a counterparty. The swap qualifies for hedge accounting. At the end of fiscal 2021, the variable rate is reset to 3.2% and the swap has increased in value by $75,000. By the end of fiscal 2022, the variable rate is reset to 3.4%, and the swap has increased in value by $125,000.
-The increase in value of the derivatives investment in fiscal 2021 appears as

A) a deferred outflow on the government-wide statement of net position.
B) a deferred inflow on the government-wide statement of net position.
C) an unrealized gain on the government-wide statement of activities.
D) a liability on the government-wide statement of net position.