A donor made an unconditional pledge in $2019$ of $$8,000$ to a private not$-$for$-$profit organization with the intent to pay the cash in June $2020.$ The organization should:

Multiple Choice

Record the pledge as revenue with donor restrictions in $2019$ and reclassify it to without donor restrictions in $2020,$ but only in an amount equivalent to the amount that is spent in $2020.$

Record the pledge as deferred revenue in $2019.$

Record the pledge as revenue without donor restrictions in $2019.$

Record the pledge as revenue with donor restrictions in $2019$ and reclassify it to without donor restrictions in $2020.$