Which of the following statements is most correct? () 1) Gains and losses are similar to revenues and expenses because they occur with the same degree of regularity. 2) Gains and losses are unlike revenues and expenses because they generally do not change net assets (assets minus liabilities). 3) Gains and losses are similar to revenues and expenses because they change net assets (assets minus liabilities) but are not transactions with owners 4) Gains and losses are unlike revenues and expenses because they have higher 5) None of these statements is correct. persistence than other income components