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Marie Hardys will has the following provisions: I leave the cash balance deposited in the First National Bank (up to a total of $53,900) to

Marie Hardys will has the following provisions:

"I leave the cash balance deposited in the First National Bank (up to a total of $53,900) to Jack Abrams. I leave $19,500 cash to Suzanne Benton. I leave 1,250 shares of Coca-Cola Company stock to Cindy Cheng. I leave my house to Dennis Davis. I leave all of my other assets and properties to Wilbur N. Ed."

  1. Assume that the estate has the following assets: $39,000 cash in the First National Bank, $16,700 cash in the New Hampshire Savings and Loan, 970 shares of Coca-Cola stock, 1,450 shares of Xerox stock, a house, and other property valued at $13,200. What distributions will be made from this estate?

  2. Assume that the estate has the following assets: $58,700 cash in the First National Bank, $6,200 cash in the New Hampshire Savings and Loan, 1,450 shares of Coca-Cola stock, 560 shares of Xerox stock, and other property valued at $30,000. What distributions will be made from this estate?

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