Given below are two statements: 

Assertion (A): Sodium chloride is added to precipitate soap after saponification.
Reason (R): Hydrolysis of esters of long-chain fatty acids by alkali produces Soap in colloidal form.

1. Assertion and reason both are correct statements but reason does not explain assertion.
2. Assertion and reason both are correct and reason explains the assertion.
3. Both assertion and reason are wrong statements.
4. Assertion is the correct statement reason is the wrong statement.