Quinn made taxable gifts of $4,500,000 (after annual exclusions) in 2011. In December of the current year, he passed away leaving a taxable estate of $15,000,000. What is the tax on Quinns estate if the gifts made in 2011 were his only prior taxable gifts?

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Select one:

a. $1,428,800

b. $4,654,200

c. $2,928,000

d. $1,404,000