In a town, 25% families own a phone and 15% own a car, 65% families own neither a phone nor a car. 2000 families own both a car and a phone. Consider the following statements in this regard:
I. 10% families own both a car and a phone.
II. 35% families own either a car or a phone.
III. 40,000 families live in the town.
Which of the above statements are correct?
A) only I
B) II and III
C) only III
D) I and III
E) only II