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Nelly and Kirby finalized their divorce agreement in 2 0 1 7 . Nelly is to have custody of their 1 2 - year -

Nelly and Kirby finalized their divorce agreement in 2017. Nelly is to have custody of their 12-year-old son, Bobby. She is to receive $2810 per month until Bobby (1) dies or (2) attains age 21(whichever occurs first). After either of these events occurs, Nelly will receive only $702.5 per month for the remainder of her life.
What is Nelly's recognized income from these payments in 2024?(assume Kirby paid 12 months of $2810).

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