Step 1: Analyzing the folding sequence.
The paper is folded multiple times, with each fold and cut adding new edges to the structure. The cuts will replicate themselves when the paper is unfolded, creating multiple identical sections.
Step 2: Visualizing the resulting figure.
After considering the folding sequence and the cuts, we find that option (B) corresponds to the resulting figure when the paper is unfolded.
\[
\boxed{(B)}
\]