Jim inherits stock (a capital asset) from his brother, who died in March 2023, when the property had a $20.7 million fair market value (FMV). This property is the only property included in his brother's gross estate and there is a taxable estate. The FMV of the property as of the alternate valuation date was $20.3 million. View the Preferential Rates for Adjusted Net Capital Gain (ANCG) and Qualified Dividends. View the 2023 tax rate schedule for the Single filing status. Read the requirements. Requirement a. Why might the executor of the brother's estate elect to use the alternate valuation date to value the property? (Enter your answer in whole dollars.) The executor of the brother's estate may elect the alternative valuation date to value the property because would be less and the