How to remove an error message from a p C++ program

I am trying to debug a program and it keeps giving my a couple of error messages and I cannot figure out how to fix them. The error messages are expected primary-expression before "else" , expected `;' before "else"

Can anyone help me?

Code:

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if (code = 1)
{
    cout << "$45,000" << endl;
else if (code == 2 && code == 5)
    cout << "$33,000" << endl;
else if (code == 3 || code == 4)
    cout << "$25,000" << endl;
else
    cout << "Entry error" << endl;
}   //end ifs

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#1. Try removing the brackets I've highlighted.
#2. Change that = to an ==.
#3. That && needs to be a ||... a variable will never be both 2 and 5 at the same time.