Given below are two statements:
Statement (I): For , all three possible structures may be drawn as follows.

Statement (II): Structure III is most stable, as the orbitals having the lone pairs are axial, where the repulsion is minimum.
In light of the above statements, choose the most appropriate answer from the options given below:
- A
Statement I is incorrect but Statement II is correct
- B
Statement I is correct but Statement II is incorrect
- C
Both Statement I and Statement II are correct
- D
Both Statement I and Statement II are incorrect
