Donna Stobers estate has the following assets (all figures approximate fair value): Investments in stocks and bonds $ 1,659,000 House 771,000 Cash 71,100 Investment land 61,000 Automobiles (three rare vehicles) 58,300 Other assets 123,000 The house, cash, and other assets are left to the decedents spouse. The investment land is contributed to a charitable organization. The automobiles are to be given to the decedents brother. The investments in stocks and bonds are to be put into a trust fund. The income generated by this trust will go to the decedents spouse annually until all of the couples children have reached the age of 25. At that time, the trust will be divided evenly among the children. The following amounts are paid prior to distribution and settlement of the estate: funeral expenses of $20,600 and estate administration expenses of $10,000. What value is to be reported as the taxable estate for federal estate tax purposes?