Elliot is the one-year-old son of Andrew and Diana Wilson. Elliot starred in several television commercials this year for which he was paid $30,000 as compensation. His parents received the compensation on Elliots behalf since he is only one-year-old. Andrew and Diana used $5,000 of Elliots compensation to purchase special costumes that Elliot was required to wear for the commercials. Andrew and Diana Wilson contact you to determine how these items should be reported. Specifically: a. Who includes the $30,000 of compensation in gross income? Andrew and Diana or Elliot? Cite your answer. b. Who deducts the $5,000 paid for the required costumes as a business expense for AGI? Andrew and Diana or Elliot? Cite your answer. Internal Revenue Code section and/or Treasury Department regulation.