$A$ metal wire of length $L$ is suspended vertically from a rigid support. When a body of mass $M$ is attached to the lower end of the wire,the elongation in the wire is $l$. Consider the following statements:
$(I)$ The loss of gravitational potential energy of mass $M$ is $Mgl$.
$(II)$ The elastic potential energy stored in the wire is $Mgl$.
$(III)$ The elastic potential energy stored in the wire is $\frac{1}{2} Mgl$.
$(IV)$ The heat produced is $\frac{1}{2} Mgl$.
Which of the following statements are correct?

  • A
    Only $I$
  • B
    $I$ and $II$
  • C
    Only $III$
  • D
    $I, III$ and $IV$

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