Identify the incorrect statement from the following

The M phase represents the phase when the actual cell division or mitosis occurs and the inter  phase represents the phase between two successive M phases

The division phase lasts more than 95% of the duration of cell cycle

Yeast can progress through the cell cycle in only about 90 minutes

The interphase is the time during which the cell is preparing for division by undergoing both cell growth and DNA replication in an orderly manner