Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.

Statements:

Some chips are wafers.

No wafer is a toffee.

All desserts are chips.

Conclusions:

I. All chips can never be toffees.

II. No dessert is a wafer.

III. Some toffees are desserts.