Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow from the statements.

Statements:
1. All flowers are blue.
2. All blue are good.
3. No good is red.

Conclusions:
I. No red is a flower.
II. No red is a bus.
III. Some good are flowers.
IV. Some good are blue.