Which of the following statements about farming income is correct?

Question $12$ options:

A full time school teacher recognized a $$9,500$ loss this year from farming on a part$-$time $($restricted$)$ basis. The maximum deduction allowed this year from the farm loss is $$6,000.$

A full time school teacher has income from farming on a part$-$time basis. The farming income must be determined on a cash basis.

A full time school teacher has income from farming on a part$-$time basis. No losses are deductible until a year in which there is farming income.

A full time school teacher recognized a $$9,500$ loss this year from farming on a part$-$time basis. The maximum deduction allowed this year from the farm loss is $$2,500.$