hen Rama died in the current year, he owned shares of Orange Corporation, which are traded in the over$-$the$-$counter market. Market trades before and after Rama's date of death occurred as follows:

Per$-$Share Mean

Selling Price

$30$ days before death $$780$

$28$ days after death $936$

If required, round your answer to the nearest dollar.

What value per share should be included in Rama's gross estate?Exercise $19-15($Algorithmic$)($LO$.1)$

When Rama died in the current year, he owned shares of Orange Corporation, which are traded in the over$-$the$-$counter market. Market

trades before and after Rama's date of death occurred as follows:

If required, round your answer to the nearest dollar.

What value per share should be included in Rama's gross estate?

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Broadly speaking, family tax planning involves the use of various procedures that minimize the effect of taxation on transfers within the family

unit. As such, planning involves a consideration not only of transfer taxes but also of the income tax ramifications to both the transferor and the

transferees. The valuation of the transferred property also is an essential element of family tax planning.