A Statement followed by Conclusion-I and Conclusion-II is given below. You have to take the Statement to be true even if it seems to be at variance with commonly known facts. Read both Conclusions and decide which of them logically follows/follow from the Statement, disregarding commonly known facts.

Statement: Some pens are pencils. All pencils are erasers. Some erasers are sharpeners.

Conclusion-I: All pens are erasers.

Conclusion-II: All erasers are sharpeners.

Which one of the following is correct?