Which of the following statements with respect to the depreciation of real property under MACRS is correct?

a. Assuming the property is not disposed of during the year, the depreciation deduction for the second year of use of the real property will be greater than the depreciation deduction in the first year.

b. In some cases, where a significant amount of property is acquired during the last quarter of the taxpayer's tax year, the taxpayer may be required to use a mid-quarter convention in calculating depreciation on real property.

c. Real property is depreciated using a half-year convention.

d. Only one-half year of depreciation is allowed in the year of acquisition of real property, regardless of the actual date the property is placed in service.

e. None of the above.