Using the benchmark 1, which statement correctly compares $\frac{5}{6}$ and $\frac{7}{8}$?

The fractions are on opposite sides of 1

Both $\frac{4}{7}$ and $\frac{5}{9}$ are greater than $\frac{1}{2}$. Which comparison is correct?

They are equidistant from $\frac{1}{2}$