Given below are two statements.
Statement I: In glycolysis, glucose is partially oxidised into pyruvic acid.
Statement II: All living organisms contain machinery for glycolysis.

In light of the above statements, choose the correct answer from the options given below.

Glycolysis is a series of biochemical reactions that occur in the cytoplasm of cells and represents the first stage of cellular respiration. In glycolysis, a molecule of glucose is partially oxidized to produce two molecules of pyruvate. All living organisms can carryout glycolysis.