Donna Stober's estate has the following assets (all figures approximate fair value): Investments in stocks and bonds House Cash Investment land Automobiles (three rare vehicles) Other assets $1,659,000 771,000 71,100 61,000 58,300 123,000 The house, cash, and other assets are left to the decedent's spouse. The investment land is contributed to a charitable organization. The automobiles are to be given to the decedent's 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 decedent's spouse annually until all of the couple's 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? Taxable estate "I leave the cash balance deposited in the First National Bank (up to a total of $53,300) to Jack Abrams. I leave $21,000 cash to Suzanne Benton. I leave 1,020 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: $37,300 cash in the First National Bank, $17,700 cash in the New Hampshire Savings and Loan, 800 shares of Coca-Cola stock, 1,130 shares of Xerox stock, a house, and other property valued at $14,200. What distributions will be made from this estate? b. Assume that the estate has the following assets: $58,800 cash in the First National Bank, $6,600 cash in the New Hampshire Savings and Loan, 1,130 shares of Coca-Cola stock, 620 shares of Xerox stock, and other property valued at $27,000. What distributions will be made from this estate? (Make estate distributions in the order mentioned in the question.) a Cash Cash Coca-Cola stock House shares Other property b. Cash Cash Coca-Cola stock House shares Other property