User Which one of the following statements is NOT TRUE about an installment sale transaction under Code Section 453? a. Publicly traded stock is generally not eligible for installment sale treatment, but stock of a closely held corporation can be sold on the installment method b. An installment sale is generally defined as any disposition of eligible property where at least one payment is scheduled to be received after the close of the tax year in which the sale occurs c. A taxpayer can elect out of installment sale treatment and report all the gain in the first year when the transaction occurs d. The installment sale method is based on the cash-method of accounting, and therefore is available to taxpayers who use the cash method of accounting but not to taxpayers who use the accrual method of accounting