Under a divorce agreement entered into in 2017, Charles is required to make periodic alimony payments of $1,200 per month to Olivia, his ex-wife. However, when Charles and Olivias child reaches age 18, marries, or dies (whichever occurs first), the payments will be reduced to $700 per month. Olivia has custody of the child. Charles make a payment of $1,000. How much of the payment is considered an alimony?

Group of answer choices

$200

$700

$1,200

$500