What does the following code do$?$

with open$("$logs$.$txt$","$r$")$ as file:

It opens a file called "logs.txt$"$ in read mode and stores it in a variable called file.

It opens a file called "logs.txt$"$ in write mode and stores it in a variable called file.

It copies a file called "logs.txt$"$ into a new file $"$r$".$

It copies a file called $"$r$"$ into a new file "logs.txt$".$