Consider the following statements:
1. If A and B are two square matrices of same order, then (A+B)(A−B)=A2−B2.
2. If A and B are two square matrices of same order, then (AB)n=AnBn.
3. If A and B are two matrices such that AB=A and BA=B, then A and B are idempotent.
Which of these is/are not correct?