Which of the following statements is true regarding installment sales under Section 453? Group of answer choices For purposes of Section 453, obligations payable on demand are typically treated as cash. A individual may use the installment method for a stock sale. An accrual method taxpayer selling inventory may use the installment method. If a taxpayer would like to use the installment method to report a sale, the taxpayer must make an election. Depreciable property sold to a related party will always qualify for installment reporting