On September 7, 2012, a company placed in service 5-year property. The MACRS basis used to depreciate the property is $100,000, and the mid-quarter convention applies to personal property placed in service in 2012. In June, 2014, the company sold the property. Which of the following is the correct way to compute the company’s 2014 MACRS deduction on the property?

a. $100,000 × 20.40% × 4.5/12

b. $100,000 × 18.00% × 4.5/12

c. $100,000 × 20.40% × 5.5/12

d. $100,000 × 18.00% × 5.5/12