Study the following statements regarding the number of base pairs $(bp)$ in various organisms:
$(I)$ Bacteriophage lambda has $48502$ base pairs $(bp)$.
$(II)$ $E. \text{ coli}$ has $4.6 \times 10^6$ $bp$.
$(III)$ Haploid content of human $DNA$ is $3.3 \times 10^9$ $bp$.
Identify the incorrect statement.

• A
  None of the statements are incorrect
• B
  Only statement $III$
• C
  Only statement $II$
• D
  Only statement $I$