When determining whether an activity is carried on "for profit," the IRS will presume that it is engaged in for profit if the activity was $\_\_\_\_\_\_\_\_.$

Profitable in three of the last five tax years, including the current year.

Profitable within the last three tax years, including the current year.

Pursuing profit in three of the last five tax years, including the current year.

Pursuing profit within the last five tax years, including the current year.