A company has:

Ed and Ann Ross were divorced in January 2016. In accordance with the divorce decree, Ed transferred the title in their home to Ann in 2016. The home, which had a fair market value of $150,000, was subject to a $50,000 mortgage that had 20 more years to run. Monthly mortgage payments amount to $1,000. Under the terms of settlement, Ed is obligated to make the mortgage payments on the home for the full remaining 20-year term of the indebtedness, regardless of how long Ann lives. Ed made 12 mortgage payments in 2016. What amount is taxable as alimony in Ann's 2016 return?

a. $0 b. $100,000 c. $112,000 d. $12,000

Islamic law is the most widely practiced theocratic legal system today

Indicate whether the statement is true or false