1. Marvin is the executor and some heir of his aunt's estate. The estate includes her furnished home, which Marvin is considering converting to rental property to generate additional cash flow.What are some of the tax problems Marvin may confront? 2. How does pay-as-you-go procedure apply to wage earners?To persons who have income from sources other than wages? 3. Address the following issues. a. What is the purpose of the unified transfer tax credit? b. Is the same amount available for both the federal gift tax and the state tax?Explain c. Does the use of the credit for a gift affect the amount of credit available for the estate tax?Explain.