Analyze the following code:

 class Test { public static void main(String[] args) { double radius = 5; final static double PI = 3.15169; double area = radius * radius * PI; System.out.println("Area is " + area); } } 

Which of the following statements is(are) correct?

2 Options:

	The program has syntax errors because a static PI is defined inside a method.
	The program has syntax errors because the variable radius is not initialized.
	The program compiles and runs fine.
	The program has no syntax errors but will get a runtime error because radius is not initialized.