The given equation is:

It is required to determine whether each statement about the equation is true or false.
To do this solve the equation:

1) To check the first statement, substitute the solution into the equation:

Since it satisfies the equation, it follows that it is true.
Statement 1 is true.
2) To check the second statement, substitute the solution into the equation:

Since the equation is not satisfied, the second statement is false.
Statement 2 is false.
3) Notice that the equation was solved by multiplying both sides by 5/4, this is the same as dividing by the reciprocal 4/5. Hence, the third statement is true.
Statement 3 is true.
4) By the method used for solving, the fourth statement is true.
Statement 4 is true.