You are given these initial values for the code below: $x$ is $50$ and $y$ is $25.$ What are the values of $x$ and $y$ after this code executes?

$)>(49$

$1$

$y=10$;

$\}//$END $x>49$

$x$ is $49$ and $y$ is $10$

$x$ is $50$ and $y$ is $25$

$x$ is $50$ and $y$ is $10$

$x$ is $49$ and $y$ is $25$