Days before her death, Cassie sold domestic shares costing P6,500,000 to a buyer when its fair value is P12,700,000. The capital gains tax on the transaction was P240,000.

1. What amount should be included in Cassie's gross estate?

Juli died single leaving the following:

Real Properties Personal Properties Taxable Transfers Indebtedness Special Allowable Deductions 4,600,000 2,350,000 1,120,000 1,180,000 5,000,000