Roger has made the following

gratuitous lifetime transfers: $$30,000$ in $2000$ to his mother and father; $$30,000$ to each of his three children in $2001($these amounts were placed in three separate Section $2503($c$)$ minor's trusts$)$; and $$90,000$ in $2011$ to a revocable trust that gives the corporate trustee the discretion to make disbursements of income or principal for the health, education, maintenance, and support of Roger's brother.

Through the end of $2011,$

the trustee made disbursements of $$14,000$ from the trust to

Roger's brother. Roger's spouse passed away in $1999.$

What amount of gift tax applicable credit

does Roger have available in $2022$ for subsequent lifetime

transfers after reporting these transfers for gift

tax purposes?

a$)$

$$4,769,800$

b$)$

$$4,753,940$

c$)$

$$12,034,000$

d$)$

$$11,986,000$