Travis and Andrea were divorced. Their only marital property consisted of a personal residence (fair market value of $400,000, cost of $200,000), and publicly-traded stocks (fair market value of $800,000, cost basis of $500,000). Under the terms of the divorce agreement, Andrea received the personal residence and Travis received the stocks. In addition, Andrea was to receive $50,000 for eight years. If Andrea dies during this time, then the payments will be paid to her estate. If the $50.000 annual payments are to be made to Andrea or her estate (f she dies before the end of the eight years), the payments will qualify as alimony ll. Andrea recognizes ali ony income from cash payments received II Travis may not deduc any alimony payments Only IIl is true. O Only I and IIl are true. Only 1 and 11 are true I. II, and III are true None of the above are true