Billy and Rachel had been married for many years when Rachel died on 1 September 2017. Rachel left her entire estate worth 100,000 to Billy. She had gift which was cash of 94,000 to her sister Mahboba in January 2017.

Billy died on 1 January 2023, leaving an estate worth 725,300 to his daughter. He had made no lifetime gifts.

Required: Which of the following is the Inheritance Tax payable on Billy's death?

a.81,000

b. 65.320

c.88.000

d.237.000