Statement 1: (x⁰ + y⁰)(x + y)⁰ = 1, x, y ≠ 0.

Statement 2: (1 + 1)(1 - 1) = 2 x 0 = 0.

Which of the following options is correct?

1. Both the statements are true.

2. Both the statements are false.

3. Statement 1 is true, and statement 2 is false.

4. Statement 1 is false, and statement 2 is true.