Jerry and Sally were divorced under an agreement executed July 1, 2021. The terms of the agreement provide that Jerry will transfer to Sally his interest in a rental house worth $250,000 with a tax basis to Jerry of $80,000. What is the amount of the gain that must be recognized by Jerry on the transfer of the property and what is Sally's tax basis in the property after the transfer, respectively? $170,000 and $250,000 $0 and $250,000 $170,000 and $170,000 $0 and $80,000 None of the above Laura and Leon were granted a divorce in 2020. In accordance with the decree, Leon made the following payments to Laura in 2021: Child support payments contingent on the age of the child $4,000 Annual cash payments, other than child support, specified as alimony in the divorce agreement $6,000 How much should Laura include in her 2021 taxable income as alimony? $4,000 $6000 None of the above SO $10,000