Chapter 19 Connect Homework Assignm... i Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question Problem 19-33 (LO 19-2) Marie Hardy's will has the following provisions: "I leave the cash balance deposited in the First National Bank (up to a total of $53,500) to Jack Abrams. I leave $20,500 cash to Suzanne Benton. I leave 1,260 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed." a. Assume that the estate has the following assets: $40,400 cash in the First National Bank, $16,300 cash in the New Hampshire Savings and Loan, 970 shares of Coca-Cola stock, 1,450 shares of Xerox stock, a house, and other property valued at $14,000. What distributions will be made from this estate? b. Assume that the estate has the following assets: $58,900 cash in the First National Bank, $6,500 cash in the New Hampshire Savings and Loan, 1.450 shares of Coca-Cola stock, 500 shares of Xerox stock, and other property valued at $26,000. What distributions will be made from this estate? (Make estate distributions in the order mentioned in the question.) Answer is complete but not entirely correct. Prev 1 of 3 Next > Check my work mode : 1hJ XA 10 points Cash Cash Coca-Cola stock House Other property Cash Cash Coca-Cola stock House Other property > > 3 3 3 0 Chapter 19 Connect Homework Assignm... i Saved Help Save & Exit Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question Problem 19-33 (LO 19-2) Marie Hardy's will has the following provisions: "I leave the cash balance deposited in the First National Bank (up to a total of $53,500) to Jack Abrams. I leave $20,500 cash to Suzanne Benton. I leave 1,260 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed." a. Assume that the estate has the following assets: $40,400 cash in the First National Bank, $16,300 cash in the New Hampshire Savings and Loan, 970 shares of Coca-Cola stock, 1,450 shares of Xerox stock, a house, and other property valued at $14,000. What distributions will be made from this estate? b. Assume that the estate has the following assets: $58,900 cash in the First National Bank, $6,500 cash in the New Hampshire Savings and Loan, 1.450 shares of Coca-Cola stock, 500 shares of Xerox stock, and other property valued at $26,000. What distributions will be made from this estate? (Make estate distributions in the order mentioned in the question.) Answer is complete but not entirely correct. Prev 1 of 3 Next > Check my work mode : 1hJ XA 10 points Cash Cash Coca-Cola stock House Other property Cash Cash Coca-Cola stock House Other property > > 3 3 3 0
