JAVA Exceptions
Given the following piece of code:class SalaryCalculationException extends Exception{}class Person{ public void calculateSalary() throws SalaryCalculationException{ //... throw new SalaryCalculationException(); //... }}class Company{ public void paySalaries(){ new Person().calculateSalary(); }}Which of the following statements is correct?1. This code will compile without any problems.2. This code will compile if in method paySalaries() we return a boolean in stead of void.3. This code will compile if we add a try-catch block in paySalaries().4. This code will compile if we add throws SalaryCalculationException in the signature of method paySalaries().