In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the perfect NCAA bracket for the men's Division I tournament that year. The company bought an insurance policy from Warren Buffett's holding company Berkshire Hathaway to cover the cost of any prize money. Winning the $1 billion prize required a contestant to complete a bracket that predicted correctly the outcome of 63 games. Assume that everyone in the United States filled out many brackets and that all of the brackets produced in this way were different. (In fact, the contest was limited to 15 million entries altogether.) How many brackets would each person have to fill out to make sure that altogether all of the possible outcomes of the 63 games were represented? Use the fact that the population of the United States at this time was 317 million, and round your answer to the nearest billion. Note: You will need a calculator that can handle large numbers.

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.