Virgie Township is retiring Enterprise Fund bonds before their maturity date. How does the difference between the amount paid to retire the debt and the carrying value of the debt affect interest expense reported in future years if Virgie does not borrow to accomplish the early retirement? How does it affect the statement of net position? If Virgie does retire the old debt with new debt proceeds, how is future years’ interest expense affected by the difference between the payment and the carrying value? How does it affect the statement of net position?