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Charles and Camilla divorced in 2018. Under the terms of the decree, Charles pays Cami...

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Accounting

Charles and Camilla divorced in 2018. Under the terms of the decree, Charles pays Cami
$50,000 in cash in each of the next ten years (or until Camilla's death or remarriage). In additi
Charles transferred a castle worth $2,000,000 to Camilla in 2018 and will pay $12,000 per
to support their son, Clyde, until he turns 19 years old. What amount (if any) is include
Camilla's gross income in 2024?
A) $2,062,000
B) $12,000
C) $50,000
D) $2,050,000
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