Jayden gave Olivia a ring when she agreed to marry him. The ring is a family heirloom valued at $67,000. What is the amount of the taxable gift?

a. zero - the marital deduction offsets the gift as long as Jayden and Olivia are married by year end.

b. $53,000

c. $67,000

d. zero - this transfer is not gratuitous.

e. None of these.