Each of these individuals would like to report the sale of their property on the installment method. Which taxpayer is eligible to do so? No selling expenses were associated with any of the transactions. Andre. He sold an excavator to Marcus for $12,000. Marcus paid the entire amount in the year of sale. Andre paid $14,000 for the equipment when it was new and had fully depreciated it before he sold it. Kathleen. She sold her entire inventory of personal property, valued at $27,000, to Michael. Michael paid Kathleen $9,000 in the year of sale and intends to pay her back $9,000 per year plus 7% interest for the next two years. Nate. He sold a rental condo for $278,000. He had purchased it for $140,000 and claimed $50,000 depreciation. His buyer will assume Nate's $28,000 mortgage and intends to pay $50,000 per year plus 8% interest for five years. Rachel. She sold a plot of land for $116,000. She purchased it for $90,000 and paid $50,000 for improvements. Her buyer intends to pay for the land over five years