Which choice identifies the correct limiting reactant and correct reasoning for the reaction CO + 2H2 → CH₃OH? 1) CO is the limiting reactant because it is present in the smallest stoichiometric quantity. 2) H2 is the limiting reactant because it is present in the smallest stoichiometric quantity. 3) CH₃OH is the limiting reactant because it is present in the smallest stoichiometric quantity. 4) The reaction does not have a limiting reactant.