For the holidays, Michalis gave a watch worth $$25,400$ to Sobia and jewelry worth $$40,640$ to Natalie.

a$.$ Has Michalis made any taxable gifts this year and, if so$,$ in what amounts?

b$.$ Assume Michalis is married to Wendy and lives in a community$-$property state. What are the amounts, if any, of their taxable gifts?

Note: For all requirements, leave no answer blank. Enter zero if applicable.

Answer is not complete.

$\backslash$table$[[$a$.$ Michalis taxable gift to Sobia,$$,8,400vv$