Write statements to open a binary file C:\Myfiles\Text1.txt in read and write mode by specifying file path in two different formats.

The two different formats of specifying file path for opening the file C:\Myfiles\Text1.txt in read and write mode are:

1. file1 = open("C:\\Myfiles\\Text1.txt", "rb+")

2. file2 = open(r"C:\Myfiles\Text1.txt", "rb+")