Given below are two statements:
Statement (I): For \(\displaystyle \underset{\bullet \bullet}{\overset{\bullet \bullet}{\text{C}}}\text{IF}_3\) all three possible structures may be drawn as follows.

Statement (II): Structure \( \text{III} \) is most stable, as the orbitals having the lone pairs are axial, where the lp-bp repulsion is minimum.
In the light of the above statements, choose the most appropriate answer from the options given below: