CS fundamentals and algorithmsIntroImage formatsWhich statements about image formats are correct? Select all that apply.Pick all that apply1Choice 1.PNG is lossless and supports an alpha channel (transparency)2Choice 2.JPEG is lossy, which suits photos, but it doesn't support transparency3Choice 3.HEIC is based on HEVC, produces smaller files than JPEG at the same quality, and is the iPhone camera's default format4Choice 4.WebP isn't supported on iOS, so you always need a third-party decoder5Choice 5.The size of a decoded image in memory depends on the file formatGrade