In this question, three statements are given, followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follows/follow from the statements.

Statements:

All bottles are bags.

Some bags are pencils.

Some pencils are sharpeners.

Conclusions:

I. Some sharpeners are bottles.

II. Some bottles are pencils. 

1
Both conclusions I and II follow. 
2
Neither conclusion I nor II follows. 
3
Only conclusion II follows.
4
Only conclusion I follows.

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