David and Doris Kelley were divorced on February 3, 2014. They lived apart during 2014. The divorce decree required David to make the following payments:

a. Transfer full title to their jointly owned family home to Doris. Fair market value of the home is $180,000, basis $150,000.

b. $1,000 per month mortgage payments on the house, above. The mortgage has 20 years remaining before being fully paid off, but the payments would end on her death.

c. $2,000 per month for 10 years