Charles and Cynthia divorced at the end of 2021. Under the terms of the divorce decree, Charles is required to pay Cynthia $25,000 in cash in 2022, and another $25,000 in each of the next four years (or until Cynthia's death or remarriage). In addition, Charles must transfer assets worth $800,000 (cost basis of $700,000) to Cynthia and pay $12,000 per year to support their son until the age of 18. Assuming that Charles pays the required amounts, what amount of gross income must Cynthia report in 2022 as a result of the divorce? $125,000 $25,000 $0 $825,000 $37,000