Which of the following statements are correct?

1. We can assign values of any type to variables of type object.
2. When a variable of a value type is converted to object, it is said to be unboxed.
3. When a variable of type object is converted to a value type, it is said to be boxed.
4. Boolean variable cannot have a value of null.
5. When a value type is boxed, an entirely new object must be allocated and constructed.

1. If the integer literal exceeds the range of byte, a compilation error will occur.
2. We cannot implicitly convert non-literal numeric types of larger storage size to byte.
3. Byte cannot be implicitly converted to float.
4. A char can be implicitly converted to only int data type.
5. We can cast the integral character codes.

short s1 = 20;
short s2 = 400;
int a;
a = s1 * s2;

1. Each value type has an implicit default constructor that initializes the default value of that type.
2. It is possible for a value type to contain the null value.
3. All value types are derived implicitly from System.ValueType class.
4. It is not essential that local variables in C# must be initialized before being used.
5. Variables of reference types referred to as objects and store references to the actual data.

byte a = 11, b = 22, c;