aunch.ispcouea 43825 18&course id97798 1&tcontantid 3524694 ustep nu Question Completion Status QUESTION 13 1 points Save Answer Westheimer Company's December 31, 2012 balance sheet included the following Bonds payable, 8%, due in 2020, net of discount $166,045 $2,833,955 Determine if the following statements are true or false and then select the correct response When the bonds were issued, the market rate of interest was less than 8% Interest expense on the bonds was $240,000 in 2012 Westheimer's cash payment for interest on these bonds is $240,000 each year False, False, False True, True, False C. True, False, True False, False, True e none of the above Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Save and Submit ^ 4x 11/11/2017