Under the terms of a divorce agreement entered into in 2019, Ron is to pay his former wife Jill $10,000 per month. The payments are to be reduced to $7,000 per month when their 15-year old child reaches age 18. During the current year, Ron paid $120,000 under the agreement. Assuming all of the other conditions for alimony are satisfied, Ron can deduct from gross income (and Jill must include in gross income) as alimony:

	a.	$120,000
	b.	$84,000
	c.	$36,000
	d.	$0