All of the following taxpayers can use the installment method to report gains from the sale of assels except:

Multiple Choice

A taxpayer who sells a parcel of land used in his trade or business.

A taxpayer who sells land he inherited from his father five years ago.

A taxpayer who sells a large piece of manufacturing equipment on which he took a Section $179$ deduction for the total cost two years ago when purchased.

A taxpayer who sells a building used in his trade or business for five years that was depreciated using straight$-$line depreciation.