Alimony (LO 2.13) Answer the following questions: If your answer is zero, enter "o". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $4,160 a month until their daughter is 18 years of age. At that time, the required payments are reduced to $2,912 per month. 1. How much of each $4,160 payment may be deducted as alimony by Joan? 2. How much of each $4,160 payment must be included in Bill's taxable income? 3. How much would be deductible/included if the divorce agreement were dated 2020? $ b. Under the terms of a property settlement executed during 2020, Jane transferred property worth $775,800 to her ex-husband, Tom. The property has a tax basis to dane of $620,640. 1. How much taxable gain must be recognized by Jane at the time of the transfer? $ 2. What is the amount of Tom's tax basis in the property he received from Jane