Exvrise 2728 (Algorithmic) (10.7) Donald dies this yoag, and under his will, a trust is created in the arnount of $7,658,000 with the following provisions: life estate to Cindy (Donahis spouse) and remainder to their children. His will also passes land (cost basis of $110,000 and fair market value of $330,000 ) to the Salvation Ammy for the sute of a new boneless housing project. A. If a QHP election is made, how much will these transactions reduce Donald's gross estate to arive at the takable estate? b. If a QTP election is not made, how much will these transactions reduce Donald's gross estate to amive at the taxable estate