In the xy-coordinate system, do any points on line k lie in quadrant III?

(1) Line k has y-intercept 2

(2) Line k has slopeĀ ^{}

Statement 1 ALONE is sufficient to answer the question, but statement 2 alone is NOT sufficient.Statement 2 ALONE is sufficient to answer the question, but statement 1 alone is NOT sufficient.BOTH statements 1 and 2 TOGETHER are sufficient to answer the question, but NEITHER statement ALONE is sufficient.Each statement ALONE is sufficient to answer the question.Statement 1 and 2 TOGETHER are NOT sufficient to answer the question.