Which of the following statements regarding financial statement preparation is false? 1) Financial statements can be prepared from information in the adjusted trial balance. 2) The Sarbanes-Oxley Act requires that financial statements filed with the Securities and Exchange Commission include declarations by the CEO and CFO of the company. 3) It makes sense to prepare the balance sheet first because it contains information needed on the income statement. 4) When preparing financial statements an adjusted trial balance is easier to work with than the entire ledger. 5) The income statement is prepared first