Before his death in 2017, Delmar made the following gifts Item Fair Market Value Date of Gift Fair Market Value Date of Death 2015 Gift 200 shares of stock $50,000 $70,000 2016 Gifts Land $90,000 $125,000 Life insurance policy on Delmar's life $150,000 $250,000 In addition $23,000 in gift tax was paid on these transfers Based on these gifts, what amount is included in Delmar's gross estate

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Before his death in 2017, Delmar made the following gifts: Item Fair Market Value Date of Gift Fair Market Value Date of Death 2015 Gift

Before his death in 2017, Delmar made the following gifts:

Item	Fair Market Value Date of Gift	Fair Market Value Date of Death
2015 Gift
200 shares of stock	$50,000	$70,000
2016 Gifts
Land	$90,000	$125,000
Life insurance policy on Delmar's life	$150,000	$250,000

In addition $23,000 in gift tax was paid on these transfers. Based on these gifts, what amount is included in Delmar's gross estate?

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