A factory produces two types of widgets, Model A and Model B. To meet production demands, the factory must produce at least 200 widgets in total each day. Each Model A widget requires 2 hours of labor and 0.5 pounds of plastic. Each Model B widget requires 3 hours of labor and 0.3 pounds of plastic. The factory has a maximum of 500 labor hours available per day and a maximum of 120 pounds of plastic available per day. If $x$ is the number of Model A widgets produced and $y$ is the number of Model B widgets produced, which system of inequalities represents the daily production constraints?

$x + y \leq 200$
$2 x + 3 y \geq 500$
$0.5 x + 0.3 y \geq 120$
$x \geq 0, y \geq 0$

$x + y \geq 200$
$2 x + 3 y \geq 500$
$0.5 x + 0.3 y \geq 120$
$x \geq 0, y \geq 0$

$x + y \geq 200$
$2 x + 3 y \leq 500$
$0.5 x + 0.3 y \leq 120$
$x \geq 0, y \geq 0$

$x + y \leq 200$
$2 x + 3 y \leq 500$
$0.5 x + 0.3 y \leq 120$
$x \geq 0, y \geq 0$