Wrapper Quiz +

Is following code compiling? If yes, what is the result?

public class Calculation {
    public static void main(String[] args) {
        Long result = 3l;
        result += new Long(3);

        if(Boolean.parseBoolean("Wrong") || Boolean.parseBoolean("True")) {
            result++;
        }

        System.out.println("Result: " + result );
    }
}