Each of these individuals would like to report the sale of their property as an installment sale. Which taxpayer is eligible to do so? No selling expenses were associated with any of the transactions. Antonio. He sold an excavator to Derrick for $12,000. Derrick paid the entire amount in the year of sale. Antonio paid $14,000 for the equipment when it was new and had fully depreciated it before he sold it. Celeste. She sold her entire inventory of personal property, valued at $28,000, to Dennis for $48,000. Dennis intends to pay her back $9,000 per year for the next three years. Luis. He sold a rental condo for $278,000. He had purchased it for $140,000 and