Given below are two statements:
Statement (I): Babesiosis is caused by extraerythrocytic parasite in bovines and is transmitted transovarily by Rhipicephalus (Boophilus) microplus ticks.
Statement (II): Babesia bovis is the small form in cattle, while Babesia canis is the large form in dogs.
In light of the above statements, choose the most appropriate answer from the options given below.