On 12 November 2012, Hazel made a gross chargeable transfer to a relevant property trust of 266,000 (after deduction of exemptions). On 1 April 2018 she gave 300,000 to her grandson. These were her only transfers. She died on 17 December 2022. Calculate theinheritance tax payable by her grandson asa result of Hazel's death. (Assume that there is no unused nil-rate band to be transferred from a previously deceased spouse or civil partner).