Joan, a widow, died on December 15, 2015. At her death Joan owned many assets with the following FMV at DOD (fair market value at time of death):

• savings account $2,250,000
• checking account $3,000
• California tax exempt municipal bonds $100,000
• 1,000 shares of Cisco stock [the high and low for the Cisco share on DOD (date of death) was $19 and $21]
• auto (the Blue Book value at DOD was $7,000 but the executor of the estate was only able to sell it in February 2016 for $6,000)
• residence $3,500,000, which is subject to a mortgage of $300,000
• joint and survivor checking account with her son John in which she contributed all the funds $30,000
• personal and household goods $15,000
• Joan was a beneficiary of a testamentary trust created under the will of her late uncle George, pursuant to which she was entitled to income for life from the trust payable at least annually and over which she had a power to appoint the entire trust assets in favor of anyone. The value of the trust corpus at Joans DOD equals $1,000,000
• In June of 1999 Joan created an irrevocable trust with $500,000. She was the income beneficiary for 10 years and the remainderman was her nephew Jimmy. The value of the trust at Joans DOD was $4,500,000 (Use Table B Term Certain for assumed 6% rate in June of 1999(actual was 6.4%))
• Joan was the income beneficiary for her life of a trust created by her Uncle Tom. The remainderman was her nephew Jimmy. The value of the trust $200,000
• Joan transferred her $500,000 term life insurance on her life into an irrevocable insurance trust in June of 2014.
• Joan owned whole life $300,000 insurance policy on the life of her son John. At the time of her death the surrender value is $20,000.
• Joan owned annuities for her life. During her lifetime she received $12,000 per year.
• funeral and administrative expenses $25,000
• her will provides that all her estate is to pass to John.

Calculate Joans taxable estate

b. Calculate the amount of Joans estate tax