Which of the following is false regarding long$-$term notes payable?Multiple ChoiceAn issuer records a note at its selling price, which is the notes face value plus any discount or minus any premium.The equal total payments pattern has changing amounts of both interest and principal. The notes carrying $($book$)$ value at any time equals its face value minus any unamortized discount or plus any unamortized premium.Over the life of the note, the interest expense allocated to each period is computed by multiplying the market rate at issuance by the beginning$-$of$-$period note balance.Notes payable are usually issued by a single lender.