Refer to Problem 31 above (Paula James made the following gifts in the current year: $42,000 cash to her son Bill, $76,000 cash to her daughter Alisha, $20,000 to the United Givers Fund, $60,000 to her spouse Thomas, and land worth $80,000 to her granddaughter Brenda, Determine Paula's taxable gifts, assuming that she elects gifts-splitting with her husband Jerry). Assuming Paul had made $13,000,000 of lifetime gifts prior to the current year, prepar a Form 709 gift tax return for Paula for the current tax year.