In a lab, a student is studying the behavior of light as it passes through a thin lens. They observe that when an object is placed 30 cm from a converging lens with a focal length of 10 cm, the image produced is real and inverted. Using the lens formula, which relates the object distance (u), the image distance (v), and the focal length (f) of the lens, which of the following statements accurately describes the characteristics of the image formed?