A company records a bond issuance by increasing cash $$96,000,$ increasing bonds payable $$100,000$ and decreasing the discount on

bonds payable $$4,000.$ Which of the following accurately describes the $$4,000?$

the $$4,000$ represents the total cost of borrowing for the company

as the $$4,000$ is amortized, the carrying value of the bonds will decrease

the discount on bonds payable of $$4,000$ will remain in the account until the bond matures

amortizing the $$4,000$ will increase interest expense over the period the bonds are outstanding