Exercise $4-25($Algorithmic$)($LO$.4)$

Casper and Cecile divorced in $2018.$ As part of the divorce settlement, Casper transferred stock to Cecile. Casper purchased the stock for $$170,000,$ and it had a

market value of $$272,000$ on the date of the transfer. Cecile sold the stock for $$238,000$ a month after receiving it$.$ In addition, Casper is required to pay Cecile

$$8,500$ a month in alimony. He made five payments to her during the year.

Deduct anything related to the transfer of the stock he may deduct the