34. Property is acquired in a qualifying like-kind exchange. The acquired property sold three months after it is acquired. Which of the following is correct? a. Since the holding period of the property given up in the exchange tacks to the holding period of the acquired property, the holding period of the acquired property could be long-term. b. The holding period of the acquired property is short-term. C. The holding period of property acquired in a like-kind exchange is always long- term. d. When property acquired in a like-kind exchange is disposed of, the holding period is not relevant. e. None of these