Which of the following statements regarding education funding is (are) true? 1. UTMA account funds may not be used to pay for furnishings for the student's off-campus apartment. 2. Tax-free distributions may not be made from both a 529 plan and an ESA in the same year. 3. If there is a dual need for a death benefit and a savings element, life insurance may be part of the education funding plan. Group of answer choices 1 and 2. 1 and 3. 3 only. Neither 1, 2, nor 3