Given below are two statements:
Statement I: Phenol on treatment with \( \mathrm{CHCl_3} \) / aq. KOH under refluxing condition, followed by acidification produces p-hydroxy benzaldehyde as the major product and o-hydroxy benzaldehyde as the minor product.
Statement II: The mixture of p-hydroxybenzaldehyde and o-hydroxybenzaldehyde can be easily separated through steam distillation.
In the light of the above statements, choose the correct answer from the options given below: