Consider the following equation, which represents the reaction in the extraction of chromium from its ore:
\[
\text{Fe}_2\text{O}_3 + 4\text{Na}_2\text{Cr}_2\text{O}_7 + 3O_2 \rightarrow 2\text{Fe}_2\text{O}_3 + 4\text{Na}_2\text{CrO}_4 + 3O_2
\]
Which of the following statements about the oxidation states of the substances is correct?