Posted May 29th 2008 4:54PM by TMZ Staff

Dwayne "The Rock" Johnson's divorce proceedings are officially done, according to court docs filed last week.

Johnson and his now-ex-wife, Dany Garcia, have a 7-year-old daughter, Simone. According to their divorce agreement, both sides will pay $5,000 a month into a trust fund to be used towards a private school, college education and other living expenses.

Garcia and Johnson will share custody -- splitting up holidays and whatnot -- and both agreed to waive their right to alimony, though The Rock will fork over $22,454/month in child support. Don't worry about Garcia -- she made $700k last year as a financial adviser.