A couple is going through the divorce process. Amongst other assets, they must divide the following:

• An automobile purchased during marriage
• $78,000 that was willed from an Uncle to the wife during marriage
• A $28,000 retirement fund that the husband accumulated during the marriage
• A vacation home purchased during marriage but located in a neighboring state

Assume for the purposes of this DQ that the couple resides in a community property state. How would the assets be divided and why?