The option that correctly identifies the participle and its tense is the third one: carrying/present.
In grammar, a participle is a form of a verb that can be used in compound tenses of the verb. There exist two participles in English: the past participle, which usually ends in '-ed', and the present participle, which ends in '-ing'.
In this case the participle ends in ING and refers to present tense.
A participle is a verbal form having some characteristics and functions of both verb and adjective. The present participle ends in -ing and the past participle most commonly ends in -ed
