Given below are two statements :

Statement I : A uniform wire of resistance $80 \,\Omega$ is cut into four equal parts. These parts are now connected in parallel. The equivalent resistance of the combination will be $5 \,\Omega$.

Statement II: Two resistances 2R and 3R are connected in parallel in a electric circuit. The value of thermal energy developed in 3R and 2R will be in the ratio $3: 2$.

In the light of the above statements, choose the most appropriate answer from the option given below

1. A Both statement I and statement II are correct
2. B Both statement I and statement II are incorrect
3. C Statement I is correct but statement II is incorrect Correct answer
4. D Statement I is incorrect but statement II is correct