A balloon is floating in the air and is in equilibrium. The relationship between the centre of gravity and the centre of buoyancy

1
the centre of buoyancy and the centre gravity at different points on the same horizontal plane
2
the centre of gravity is above the centre of buoyancy
3
the centre of gravity and the centre of buoyancy are at the same point
4
the centre of gravity is below the centre of buoyancy

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