Which of the following statements are $INCORRECT$ with respect to phytochrome?
$i$. Phytochrome is a light-receiving proteinaceous pigment present in the leaves of plants.
$ii$. Phytochrome pigment exists in two forms.
$iii$. Two forms of phytochromes are interconvertible.
$iv$. Phytochromes are located in the chloroplast of green cells.
$v$. Phytochrome $P_r$ form inhibits flowering in $LDP$ during the dark period.

• A
  $i$ only
• B
  $i, ii$ and $iii$ only
• C
  $i, ii$ and $iv$ only
• D
  $iv$ only