Problem 1 The administrator of a decedent's estate (head of the family provided the following data Property Domestic shares of 2,000 shares inherited 6 years ago 3.000.000 House and lot family home, located in Davao, inherited 2 years ago at a 2.000.000 value of 1,500,000 Jewelry items in the Philippines at the time of death 400,000 Jewelry items kept in a vault abroad 200,000 Bank deposit in a Philippine branch of a US bank 5.000.000 Interest from bank deposits after decedent's death 25,000 Expertses and other charges Funeral expenses abroad 80,000 Funeral expenses Philippines 200,000 Judicial expenses abroad 100.000 Judicial expenses, Philippines 50.000 Claims against the estate with the notarized debt instrument Issued in the 120.000 Philippines Donation to the Philippine government as provided in his will 250,000 Required A Determine the following if the decedent was a Filipina citizen but a resident of Australia 1. Taxable Net Estate 2. Estate Tax Due B. Determine the failowing in the decedent was not a Filipino citizen but a resident of Davao City 1. Taxable Net Estate 2 Estate Tax Due Problem 1 The administrator of a decedent's estate (head of the family provided the following data Property Domestic shares of 2,000 shares inherited 6 years ago 3.000.000 House and lot family home, located in Davao, inherited 2 years ago at a 2.000.000 value of 1,500,000 Jewelry items in the Philippines at the time of death 400,000 Jewelry items kept in a vault abroad 200,000 Bank deposit in a Philippine branch of a US bank 5.000.000 Interest from bank deposits after decedent's death 25,000 Expertses and other charges Funeral expenses abroad 80,000 Funeral expenses Philippines 200,000 Judicial expenses abroad 100.000 Judicial expenses, Philippines 50.000 Claims against the estate with the notarized debt instrument Issued in the 120.000 Philippines Donation to the Philippine government as provided in his will 250,000 Required A Determine the following if the decedent was a Filipina citizen but a resident of Australia 1. Taxable Net Estate 2. Estate Tax Due B. Determine the failowing in the decedent was not a Filipino citizen but a resident of Davao City 1. Taxable Net Estate 2 Estate Tax Due