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Following his death in 2014, Zane Wulster's gross taxable estate was valued at $7,081,000. He has made a total of $200,525 of gifts that exceeded

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Following his death in 2014, Zane Wulster's gross taxable estate was valued at $7,081,000. He has made a total of $200,525 of gifts that exceeded the annual gift tax exclusion. a. What is the amount of his gross gift-adjusted taxable estate? b. Are estate taxes payable

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