Which list best outlines the correct order of stages in the catalytic activity of enzymes?

The correct order of stages in the catalytic activity of enzymes typically includes: 1) substrate binding, where the substrate attaches to the enzyme's active site, 2) formation of the enzyme-substrate complex, where the enzyme facilitates the conversion of the substrate into products, 3) product release, where the newly formed products are released from the enzyme, and 4) enzyme recovery, allowing the enzyme to be free to catalyze another reaction. This cycle highlights the efficiency and specificity of enzymes in biochemical reactions.