Use the following to answer questions 8 10: Raymond Company issued bonds with a $200,000 face value on January 1, 2016. The five- year term bonds were issued at 97 and had a 7 % stated rate of interest that is payable in cash on December 31st of each year. Raymond amortizes the bond discount using the straight-line method. Based on this information 8. The amount of interest expense shown on Raymond's December 31, 2016 income statement would be: a. $16,200 b. $21,000 C. $15,000 d. $13,800 9. The total amount of liabilities shown on Raymond's December 31, 2017 balance sheet would be: a. $191,600. b. $194,000 c. $196,400 d. $195,200. 10. The amount of cash outflow from operating activies shown on Raymond's December 31, 2017 statement of cash flows would be: a. $15,000. b. $16,200. c. $13,800. d. $17,400