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In 2013, Sarah makes taxable gifts aggregating $15,000. Her only other taxable gifts amount to $235,000, all of which she made in 1997. a. What

In 2013, Sarah makes taxable gifts aggregating $15,000. Her only other taxable gifts amount to $235,000, all of which she made in 1997.

a. What is Sarah's 2013 gift tax liability?

b. What is her 2013 gift tax liability under the assumption that she made the $235,000 of taxable gifts in 1974 instead of 1997?

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