40. During the year, Edward created a trust for the benefit of his five children. The terms of the trust declare that his children can only access the trust's assets after the trust has been in existence for 20 years and the trust does not include a Crummey provision. If Edward transfers $100,000 to the trust during the year, what is his total taxable gifts for the year? ( Assume an annual exclusion of $13,000) A. $0. B. $35,000. C. $60,000 D. $100,000