5) On March 1, 2012, when the market interest rate was 5%, Rhine, Coacal year, $5,000,000 bonds plus accrued interests. The bonds, which mature on December 31, 2001. mestom January and July of each year. Assume that Rhine incorrectly used the strange mouth of the effective interest rate method of amortization. Other things being equal, what will be the impact W. expense (as a result of this error) on the following dates? January 14 2013 December 31, 2029 Income tax expense is overstated b) Income tax expense is understated Income tax expense is understated d) Income tax expense is overstated e) None of the above combinations is accurate income tax expense is oversaed income tax expense is under med income tax expense is overstated income tax expense understated