Consider the following:

I. A # B means A is not smaller than B.

II. A $ B means A is not greater than B.

III. A & B means A is greater than B.

IV. A % B means A is smaller than B.

V. A @ B means A is equal to B.

Statement: P # Q, Q $ R, R & S, S @ T

Conclusion-1: P & T

Conclusion-2: R # T

Which one of the following is correct in respect of the above Statement and the Conclusions?