An object is floating in water with \((\frac{1}{4})\)th of its volume above the surface of water. Which of the following statements is true?
1
The buoyant force on the object is greater than weight of object.
2
The buoyant force on the object is less than the weight of object.
3
The buoyant force on the object is equal to weight of the object.
4
No buoyant force is acting on the object.