20. Assume Pete had charitable inclinations and decided he wanted to bequeath something to charity. Which of his assets would be the most advantageous to leave to the charity considering the tax effects on other non-charitable beneficiaries? PETE'S STATEMENT OF FINANCIAL POSITION AS OF 12/31/20 (AFTER THE GIFT TO EMILY) ASSETS LIABILITIES AND NET WORTH Cash 8. Cash Equlvalents. Cash Total Cash/ Cash Equlv. Liabilities \begin{tabular}{|lr|} \hline Primary Residence & $4,350,000 \\ \hline AVEX Black & $880,250 \\ \hline Total Current Llabilities & $5,230,250 \\ \hline \end{tabular} Invested Assets Pebble Bar lnvestment Portiolio/ Quallied Plan. Total Investments $1,559,400$1,559,400 Personal Use Assets Net Worth Primary Residence Vacation Property. Auto 1 Yacht Total Personal Use $12,564,000$1,579,500$135,410$848,250$15,127.160 Total Assots 563.543.218 Total Llabilities and Net 563.543.218