13. Franz established an irrevocable trust to provide income to his mother for life and the remainder interest to his son. He transferred $400,000 to the trust today. The IRS '53 7520 rate is 5% and his mother is age 82. The IRS Valuation Table 8 factors at 5% for age 82 are as follows: Annuity 5.7052, Life Estate 0.28521, and Remainder 0.71479. What is the amount of the total taxable gifts that Franz will report on his gift tax return this year? A. $99,084 B. $114,084 C. $285,916 D. $386,000