Nicanor met Inday in 2000. They married the following year. By 2005, Inday stayed home to take care of their two children. In 2021, Nicanor died. Inday provided the following list of properties acquired during their marriage so you can help them file the return and pay the corresponding estate tax, if any:

PROPERTIES

Family home:

• Zonal value of land - Php 5,000,000
• Assessed value of land Php 3,000,000
• Assessed value of house Php 5,000,000
• Appraisers value Php 20,000,000

1,000 Shares in ABC Corp. a listed company:

• Opening price Php 900
• Closing price Php 1,200
• Lowest Quote Php 800
• Highest Quote Php 1,500
• Average Value - Php 1,000

2,500 Shares in XYZ Corp. an unlisted company inherited by Nicanor from his father:

Audited Financial Statements of XYZ Corp. disclosed the following:

• Assets Php 10,000,000
• Liabilities Php 4,000,000
• Outstanding shares of stocks 10,000
• Par value Php 100.00 per share

Jewelry of Inday (wife)

• Value at time of purchase - Php 1,000,000
• Note: Value at time of death of Nicanor Php 2,000,000

Cash:

• Cash on Hand (vault) Php, 1,000,000
• Time deposits in Squid Bank Php 4,000,000
• Savings deposits in Ulan Bank Php 5,000,000

Motor vehicles:

• Brand new car Php 5,000,000
• 70s Vintage Car donated by his mother

• Value in market at time of death Php 5,000,000
• Acquisition Cost Php 4,000,000
• Cost of repairs/remodeling Php 3,000,000

Other information:

Conjugal Expenses

• Funeral expense Php 500,000
• Accountants fees Php 4,000
• Lawyers fees Php 500,000
• Unpaid Medical expenses Php 1,000,000

How much is the total allowable deduction?