In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active. The event manager is making all the reservations.

• All the reservations would be made by the event manager.
• All the reservations are being made by the event manager.
• All the reservations would have been made by the event manager.
• All the reservations will have been made by the event manager.