Mark each of the following statements as either true or false and select the correct answer. The present value is the value today of a single amount to be paid or received at a specific date in the future. For an interest bearing note, the amount of each payment that is allocated to interest expense decreases with each payment. Contingent assets may be disclosed in the notes if probable and reasonably estimable. A. True, True, True OB. True, True, False C. False, False, False D. False, False, True E. False, True, False