What are the coordinates of point P on the coordinate grid below?

A four-quadrant coordinate grid from negative 1 to 1 is drawn with grid lines to show increments of 1 over 8. Point P is plotted at the third grid line to the left of the y-axis and the fifth grid line above the x-axis.

the ordered pair negative 3 over 8, 5 over 8
the ordered pair 3 over 8, negative 5 over 8
the ordered pair negative 3 over 8, negative 5 over 8
the ordered pair 3 over 8, 5 over 8