1. Rick, an unmarried person, died in 2022. He left his estate to his three children. At his death, Rick owned the following assets, wth date of death values as listed. Unless specifically stated, he was the sole owner of the asset.

(a) common stock in Walmart worth $14,560,000;

(b) home worth $545,000;

(c) vehicle worth $9,000;

(d) home furnishings worth $43,000; and

(e) bank account with $7,500 in it.

(f) He also owned two life insurance policies (i) a $3,000,000 life insurance policy on his life that was paid to his three children; and (ii) a life insurance policy on the life of his mother (she is alive) with a cash value of $25,000, but a death benefit of $150,000.

(g) He also had a cabin with a date of death value of $150,000 that was held in joint tenancy with his brother, Bob. They bought the cabin many yeas ago for $30,000, with Bob paying $20,000 and Rick paying $10,000 (remember Section 2040 here).

The total of his debts and expenses was $45,000. He had no other estate tax deductions.

For Rick's estate, calculate the following: (a) gross estate, (b) taxable estate, (c) probate estate, and (d) the federal estate tax, if any, that Rick's estate would owe.