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! Required information [ The following information applies to the questions displayed below. ] Tom Hrulse was an entertainment executlve who had a fatal accident

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[The following information applies to the questions displayed below.]
Tom Hrulse was an entertainment executlve who had a fatal accident on a film set. Tom's will directed
his executor to distribute his cash and stock to his spouse, Kaffie, and the real estate to a church, The
First Church of Methodology. The remainder of Tom's assets were to be placed in trust for three
children. Tom's estate consisted of the following:
Assets:
Personal assets
Cash and stock
Intangible assets (film rights)
Real estate
Liabilities:
Nortgage
other liabilities
$ 1,130,600
25,380,e
78,,
16,3eb,ebe
$120,730,800
a. Tom made a taxable glft of $6.40 million in 2011. Compute the estate tax for Tom's estate. (Refer to Exhiblt 25-1 and
Exhiblt 25-2)
Note: Enter your answers In dollars, not millilons of dollars.
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