What is the binary value of val$1$ after executing the code fragment below? $($Answer in the format $00110110,$ leaving out the $"$Ob$".)$

val$1=0b01111101$;

val$2=$ val$1\frac{?}{?}$& $0b11110000$

val$2=$ val$2>>4$;

val$3=$ val$1\frac{?}{?}$& $0b00001111$;

val$3=$ val;

val$1=$ val$2$ I val$3$;