Assume that Bernie is married and his wife consents to the same gifts as in the question above.$($in cash,: $$115,000$ to Donald; $$15,000$ to Elizabeth; $$5,000$ to Amy; $$20,000$ to Ronald; and $$25,000$ to EKU$).$ What is the amount of the taxable gifts made by Bernie and his wife?

Answers:

$$90,000$

$$85,000$

$$57,500($this is not correct$)$

$$52,500($this is not correct$)$

Zero