Out of the four alternatives suggested, select the one which best expresses the given sentence in indirect speech.
He wrote, "It is time we thought about settling this deal."
1
He wrote that it was time they thought about settling that deal.
2
He wrote that it was time we thought about settling that deal.
3
He wrote that it is time we thought about settling this deal.
4
He wrote that it is time they thought about settling that deal.