Three Statements are given followed by Three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements.

Statements:

Some clowns are artists.

All artists are smart.

All smarts are rich.

Conclusions:

I. All artists are rich.

II. Some clowns are smart.

III. All clowns are artists.

Both conclusions I and II follow.