Roland loans $$99,000$ to his daughter, Maura. Why would interest not be imputed on this loan?

Question $8$ options:

Interest would not be imputed because the loan is less than the amount of the annual exclusion.

Interest would not be imputed because loans of $$100,000$ or less are exempt from both income tax and gift tax consequences.

Interest would not be imputed because Maura has unearned income of less than $$1,000.$

Interest would not be imputed because Maura's earned income is less than $$1,000.$