Which of the following statement is/are correct in solving Time Rates problems? 1. Determine the quantities involved in the problem and find which of these quantities are changing with respect to time and which are not. 2. Relate these quantities into an equation using mathematical modeling. 3. Differentiate both sides of the equation with respect to time to determine the relationship between the time rates of change of the variables. 4. Solve for the unknown by substituting the given condition.

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