Who Is Telling the Truth Logic Puzzle

Archibald, Bernard and Clarence each make four statements about each other. But only one of them made four true statements.

Archibald said:

1. Bernard owes me $10.
   
   
2. Clarence owes me $5.
   
   
3. All of Clarence's statements are true.
   
   
4. All of Bernard' statements are false.

Bernard said:

1. I owe no money to Archibald.
   
   
2. Clarence owes me $7.
   
   
3. I am Scandinavian.
   
   
4. All Archibald's statements are false.

Clarence said:

1. I owe no money to anyone.
   
   
2. Bernard is Italian.
   
   
3. I always tell the truth.
   
   
4. Two of Bernard's statements are true and two are false.

Find which statements are true and which are false for all three.

From Brain Puzzler's Delight by E.R. Emmet

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