Consider the following functions
I) $f(x) = \left| \frac{1}{2 - x}, x<\frac{1}{2} \right|$
II) $f(x) = \left| \frac{1}{(2 - x)^2}, x \neq 2 \right|$
III) $f(x) = |x|$
IV) $f(x) = |x|$
Then on $[0, 1]$, Lagrange's mean value theorem is applicable to the functions
Identify the correct option from the following: