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An individual received monthly payments of $ 5 0 0 as spousal support and $ 1 , 0 0 0 as child support for their

An individual received monthly payments of $500 as spousal support and $1,000 as child support for their 2 children, pursuant to a court order. The individual earned employment income of $25,000 and incurred childcare expenses of $8,000 for the 6-year-old and $6,000 for the 8-year-old. What net income or (loss) would be included in other income and deductions for the year?
Multiple Choice
($6,000)
($7,000)
($8,000)
$5,000

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