Step 1: First, calculate the determinant of matrix \( A \), which involves calculating the cofactors for each element and the matrix itself.
Step 2: Use the formula for the cofactor matrix \( C \), and evaluate the determinant of \( C \) by applying the cofactor expansion.
Step 3: After calculating the determinant, multiply the result by 8 to get \( 8|C| \), which evaluates to 262. Thus, the correct answer is (3).