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5. Sergio (a widower) pays $20,000 for his adult grandson's tuition at medical school and $17,000 for the grandson's room and board in the medical

5. Sergio (a widower) pays $20,000 for his adult grandson's tuition at medical school and $17,000 for the grandson's room and board in the medical school's dormitory. Sergio makes all payments directly to the educational organization. Determine the amount of taxable gift

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