Question: Which of the following does NOT take place in the small intestine?
A: Pancreatic lipase breaks down fats to fatty acids and glycerol.
B: Pepsin breaks down proteins to amino acids.
C: Pancreatic amylase breaks down carbohydrates into simple sugars.
D: Bile emulsifies fats into smaller fat particles.
Please eliminate two incorrect options first, then think it step by step and choose the most proper one option.