Other examples of Federal elections which are binding for New York State personal income tax purposes include, but are not limited to, those relating to:

(1) the special 10-year averaging method with respect to lump sum distributions;

(2) the reporting of income from a sale or exchange of property on the installment basis;

(3) changes in inventory basis;

(4) capitalization of drilling, development and exploration costs and similar items set forth in the Internal Revenue Code;

(5) recognition and nonrecognition of gain or loss in the case of certain liquidations; and

(6) bad debt reserves, recoveries, etc.