Question 9 (4 points) Joe is contemplating retirement and decided to simplify his financial situation by disposing of some assets. He had the following transactions during 2021: 1. Sold his business to his son for $100,000. The fair market value of the business at the time of the sale was $175,000. 2. Paid college tuition of $20,000 for his brother's child. 3. Gave stock valued at $15,000 to his alma mater. 4. Paid $25,000 of the medical expenses of his sister who had no insurance. What is the total amount of taxable gifts (before exclusion) that should be reported on his gift tax return for 2021? $75,000 $95,000 $110,000