Required Information Problem 25-50 (LO 25-3) (Algo) The following information applies to the questions displayed below) Tom Hruise was an entertainment executive who had a fatal accident on a film set. Tom's will directed his executor to distribute his cash and stock to his wife, Kaffle, and the real estate to his church, The First Church of Methodology. The remainder of his assets were to be placed in trust for his three children. Tom's estate consisted of the following: ABBett Personal assets Cash and stock Intangible asseta (film righea) Real estate $ 1,350,000 24,500,000 74,000,000 15 500.000 $ 115,550,000 Liabilities: Mortgage Other Habilities $ 3.700,000 4,600,000 $ 3,300,000 Problem 25-50 Part a (Algo) a. Tom made a taxable gift of $5.60 million in 2011. Compute the estate tax for Tom's estate. (Refer to Exhibit 251 and Exhibit 25-2.) (Enter your answers in dollars, not millions of dollars.) Grossestate Marital Deduction Charitable Deduction Dobts Tacable Estate Adjusted taxable gifts Cumulative taxable transfers Tax on cumulative transfers Current tax on adjusted taxable gifts Tentative ostalo tax Applicable credit Estate Tax Due Required information Form 706 From 706 2020 United States Estate (and Generation Skipping Transfer) Tax Return ON N. 1545-0015 de 2000 Hea tantra www. INGEN Se of Pant Decedent and there Executor her nach we CE 10 2010 2 Tante Com SA 7 20 Sign Here DU D Paid