You are considering buying a new car worth $25,000 today. The dealership will allow you to pick the car today and pay nothing until after you graduate in four years. After four years, you will make a lumpsum payment. You have two financing options. 1) let the dealership finance it for you or 2) finance it yourself though your investment at a local credit union that earns 8% per year. If you do a dealer financing, you will finance the loan for 4 years at 6% per year compounded monthly. If you choose this option, the dealer will throw in a 10% discount and hence you will only take a loan of 90% of the value of the car. You will do a onetime lumpsum payment to the dealer after 4 years. If you finance it yourself, you will pay additional $4,000 to the original value of the car at the time of payment. This means you will end up paying $29,000 to the dealership if you do not finance with them. You currently have a balance of $21,050 in your investment account at the credit union. Which option will you take

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate. the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received. c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.