18. On June 23, 2017, taxpayer Christopher Jones, age 72, purchased an annuity for $52,000. The annuity terms provide for payment of $280.00 per month, beginning on July 1, 2017. Payments are to be made to Christopher for his life and then to his wife, Maggie, for her life in the event that Christopher dies first. Assume that Maggie was age 69 on the date of the annuity purchase. Both Christopher and Maggie remain alive as of December 31, 2021. What income amount will Christopher and Maggie report on their joint 2021 Form 1040? A B C $ 3,360 0 800 DE 2,560 None of the above