64. hilt. Y, an American, single and residing in USA, died in June 2018 leaving the following: Land in :Makati Land in l'vlanila Gross Estate, USA Deductions claimed by the estate: Actual funeral expense Judicial Expense Claims against the estate Transfer of land in Ivlalrati to the Philippine government {in decedent's will) I The land in Manila when inherited 3 let? years ago had a value of 132,400,000 with a mortgagel thereon of P400000 which was paid prior to hilt. Y's death I The land in Makati, when inherited 4 1.32 years ago, had a value ofPl,500,000 Determine the net estate subject to estate tax: a. 11705300 b. l,?93,200 (2. 2,536,400 d. None of the above