$7)$ musk is a majority shareholder of X$,$ Inc. On $1/1/23,$ X made a $$10,000,000$ loan with a $2\%$ annual interest rate to musk. The Relevant Federal interest rate was $5\%.$ What income or expense, actual or imputed, will Musk and X$,$ Inc. recognize for a tax purpose for $2023.$

$8)$ Elon and Claire were divorced in Febuary of $2018.$ Requirements of the divorce stipulate the following payments were made by claire under the degree, listed below. What is Claires $2018$ alimony deduction?

$-$ Transfer titile to their residence to Elon. Claire basis was $$95,000,$ the fair market value was $$105,000,$and the residence was subject to a mortgage of $$90,000.$

$-$Make the mortgage payments of $$1,000$ pre month for the remaining $20$ years or until Elon dies, if sooner.

$-$Pay Elon $$500$ per month for $6$ years until Elon dies, if sooner. of this amont $$200$ is designated as child support.