The least possible Venn diagram for the given statements is as below:
Conclusions: 1. No lotion is a liquid → False (It is possible but not definite) 2. No liquid is a lotion → False (It is possible but not definite) 3. Some liquids are syrups → True (It is clearly visible that some Liquid are syrup because all syrup are liquid. So, some is true) 4. All liquids are syrups → False (As, Some part of liquid is definitely syrup but all liquid is syrup cannot be considered. It is possible but not definite). Hence, "Only conclusion 3 follows".