Consider the following statements:(i) W.C. Smith was among the first to speak of peasant revolts against the Mughal Empire. (ii) He also argued that by its encouragement of commerce, the Mughal empire brought about a considerable growth of middle class. (iii) C.A. Bayly developed the 'great firm' theory to explain the decline of the Mughal Empire. (iv) J.F. Richards has argued that peasant resistance led to a serious agrarian crisis. Which of the above statements are not correct. Select the correct answer from the codes given below: Codes:

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