Read the following statements:
I. Photosynthesis takes place within the chloroplasts of the eukaryotes, whereas the breakdown of complex molecules to yield energy takes place in the cytoplasm and in the mitochondria.
II. Photosynthesis takes place within the chloroplasts of the prokaryotes, whereas the breakdown of complex molecules to yield energy takes place in the cytoplasm and in the mitochondria.
III. All living organisms retain the enzymatic machinery to partially oxidise glucose without the help of oxygen. This breakdown of glucose to pyruvic acid is called glycolysis.
IV. All living organisms retain the enzymatic machinery to completely oxidise glycerol without the help of oxygen. This breakdown of glycerol to citric acid is called glycolysis.
The correct choice is: