Which of the following statements is true regarding bank customer account revenues and expenses?

1.If revenues equal expenses, the bank will meet its target profit.

2.If revenues equal the sum of expenses and the banks target profit, the bank will not generate excess returns.

3.If revenues are greater than expenses, the bank will always earn excess returns.

4. If revenues are greater than the target profit, the bank will not cover its expenses.

5.If revenues are less than the sum of expenses and the banks target profits, the bank will generate excess returns.