Given below are two statements:
$Statement-I$: Plasma creatinine is produced during catabolism of creatinine phosphate in skeletal muscle contraction.
$Statement-II$: Creatinine phosphate provides a ready source of high-energy phosphate.
In the light of the above two statements, choose the most appropriate answer from the options given below.

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