Select the statement that correctly describes one of the bulk elements necessary for life1. Hydrogen (H) has 2 valence electrons and is likely to form ionic bonds.2. Oxygen (O) has 5 valence electrons and is likely to form covalent bonds.3. Carbon (C) has 4 valence electrons and is likely to form covalent bonds.4. Nitrogen (N) has 6 valence electrons and is likely to form ionic bonds.