Step 1: Understanding the Concept
Each microsporangium has a central sporogenous tissue surrounded by wall layers.
Step 2: Statement I
Every cell of the sporogenous tissue can act as a microspore mother cell and divide by meiosis into a tetrad of microspores. Statement I is correct.
Step 3: Statement II
The four wall layers (epidermis, endothecium, middle layers and tapetum) come from the parietal cells, not from the sporogenous tissue. Statement II is incorrect.
Final Answer:
Statement I is correct but Statement II is incorrect.
\[ \boxed{\text{(C) }\text{Statement I is correct but statement II is incorrect.}} \]