Given below are two statements :
Statement $I$ : $H_2O_2$ is used in the synthesis of Cephalosporin.
Statement $II$ : $H_2O_2$ is used for the restoration of aerobic conditions to sewage wastes.
In the light of the above statements,choose the most appropriate answer from the options given below :

• A
  Both Statement $I$ and Statement $II$ are correct.
• B
  Statement $I$ is incorrect but Statement $II$ is correct.
• C
  Statement $I$ is correct but Statement $II$ is incorrect.
• D
  Both Statement $I$ and Statement $II$ are incorrect.