Question
At the time of his death this year on September 4, Kenneth owned the following assets: Fair Market Value Houston (TX) Independent School District bonds
At the time of his death this year on September 4, Kenneth owned the following assets:
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In October, the executor of Kenneth's estate received the following: $120,000 interest on the Houston (TX) Independent School District bonds ($10,000 accrued since September 4), and a $7,000 cash dividend on the Brown stock (date of record was September 3). The declaration date on the dividend was August 12. Assume that the school district is solvent.
The $600,000 loan was made to Brad in late 2010, and he used the money to create a very successful business. Kenneth's will does not forgive Brad's note. The business that Brad started with the loan funds was not successful and is near receivership (note is considered worthless).
The Kenneth's gross estate includes $.____________ ?
(this is the complete question) just need kenneths gross estate
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