A company recognizes a deferred tax liability $($DTL$)$ on its balance sheet. Which of the following statements are true?

$1.$ The DTL arises when the company has recognized more expense for tax purposes than for financial reporting purposes.

$2.$ The DTL will result in higher future tax payments when the temporary difference reverses.

$3.$ The DTL represents taxes that have been deferred and will not be paid because the underlying temporary difference will never reverse.

$4.$ The DTL increases total income tax expense and the effective tax rate.

$5.$ None of the above.