Concept:
The understanding of photosynthesis developed gradually through contributions of many scientists.
Important discoveries happened chronologically.
Scientists first studied the role of air in plant growth, then oxygen release, then formation of glucose as food, and later chlorophyll absorption spectra.
Thus historical order matters.
Step 1: Identify earliest discovery.
Jan Ingenhousz and Joseph Priestley studied the role of air and showed plants restore air quality.
This established the role of air in photosynthesis.
Hence first stage:
Role of air
Step 2: Identify second discovery.
Further experiments showed that green plants release oxygen during photosynthesis.
This established oxygen evolution.
Hence second stage:
Release of oxygen
Step 3: Identify later discoveries.
Scientists later discovered that photosynthesis produces glucose as stored chemical energy.
Afterward, chlorophyll pigments were studied and their absorption spectra were determined.
Hence sequence becomes
\[
\text{Role of air}
\rightarrow
\text{Release of oxygen}
\rightarrow
\text{Production of glucose}
\rightarrow
\text{Absorption spectra}
\]
Step 4: Match options.
Option (C) matches perfectly.
Therefore
\[
\boxed{\text{Option (3)}}
\]