Required information [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 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 $ 1, 340, 000 Cash and stock 26, 400, 900 Intangible assets (film rights) 83, 500, 000 Real estate 17, 400, 900 $ 128, 640,000 Liabilities: Mortgage $ 5, 600,000 Other liabilities 6, 500, 900 $ 12, 100, 000 Tom made a taxable gift of $7.50 million in 2011. Compute the estate tax for Tom's estate. (Refer to Exhibit 25-1 and Exhibit 25-2.) te: Enter your answers in dollars, not millions of dollars. Gross estate $ 128,640,000 Marital Deduction (26,400,000 Charitable Deduction (17,400,000) Debts (12, 100,000) Taxable Estate Adjusted taxable gifts Cumulative taxable transfers Tax on cumulative transfers Less taxes paid on prior gifts Tentative estate tax Applicable credit (tax on $12.06 million) Estate Tax Due