Gina executed a will that read, "My household furniture to Wally, $9,000 to Abe, my diamond ring to Cindy, and all the rest and residue to my son Fred." Then Gina executed another will that read, "$9,000 to Betty and my diamond ring to Virgil." Gina died, survived by Wally, Abe, Cindy, Fred, Betty, and Virgil. 

Which of the following is correct in most jurisdictions? 

 Wally receives the furniture, Abe $9,000, Betty $9,000, Virgil the diamond ring, and Fred the residue. 

The first will is revoked. 

Betty receives $9,000, Virgil receives the diamond ring, and the residue passes by intestacy. 

Betty receives $9,000, Virgil the diamond ring, and Fred the residue. 

Wally receives the furniture, Betty $9,000, Virgil the diamond ring, and Fred the residue.