Max min element in array (java)

import java.util.Scanner;

public class MaxMinArrEl {
    public static void main(String args[])
    {
        Scanner scan=new Scanner(System.in);

        int size;


        System.out.println("Enter the Size of array: ");
        size=scan.nextInt();


        int [] arr =new int[size];



        System.out.println("Enter elements in array");

        for(int i=0; i<arr.length; i++)
        {
          arr[i]=scan.nextInt();
        }


        int max=arr[0];
        int min=arr[0];

        for(int i=1;i<arr.length;i++)
        {
            if(arr[i]>max)
            {
                max=arr[i];
            }
            else if(arr[i]<min)
            {
                min=arr[i];
            }
        }


        System.out.println("Minimum is "+min);
        System.out.println("Maximum is "+max);


        scan.close();


    }

    }