Considering the statements below, select the correct alternative:

1. Edward Jones must pay income tax on the value of the company car provided by his employer as part of his salary package.
2. Car fringe benefits include either the provision of a company car or the payment of a car allowance.
3. JFX Pty Ltd must pay FBT in relation to the mobile phones provided to its employees.
4. RDB Ltd must pay FBT in relation to the provision of discounted residential rents to its employees.

Group of answer choices

1, 2 and 3 are incorrect, but 4 is correct.

1 and 4 are incorrect, but 2 and 3 are correct.

1, 2 and 4 are incorrect, but 3 is correct.

3 and 4 are correct, but 1 and 2 are incorrect.