Which of the following statements regarding farming income is correct?

Question $3$ options:

a$)$

A full$-$time lawyer recognized a $$11,500$ loss this year from his part$-$time farming activities. The maximum deduction allowed this year from the farm loss is $$2,500.$

b$)$

A full$-$time lawyer has income from his part$-$time farming activities. His farming income must be calculated on an accrual basis.

c$)$

A full$-$time lawyer has income from his part$-$time farming activities. His farming income must be calculated on a cash basis.

d$)$

A full$-$time lawyer recognized a $$11,500$ loss this year from his part$-$time farming activities. The maximum deduction allowed this year from the farm loss is $$7,000.$