A molecule with the formula \( AX_4Y \) has all its elements from p-block. Element A is rarest, monoatomic, non-radioactive from its group and has the lowest ionization enthalpy value among A, X, and Y. Elements X and Y have first and second highest electronegativity values respectively among all the known elements.
The shape of the molecule is:
Statement-1: \( \text{ClF}_3 \) has 3 possible structures.
Statement-2: \( \text{III} \) is the most stable structure due to least lone pair-bond pair (lp-bp) repulsion.

Which of the following options is correct?