Roland had a taxable estate of $15.5 million when he died this year. Calculate the amount of estate tax due (if any) under the following alternatives.

(Refer to Exhibit 25-1 and Exhibit 25-2.)(Enter your answers in dollars and not in millions of dollars.)

a. Rolands prior taxable gifts consist of a taxable gift of $1 million in 2005. calculate estate tax due.

b. Rolands prior taxable gifts consist of a taxable gift of $1.5 million in 2005. calculate estate tax due.

c. Roland made a $1 million taxable gift in the year prior to his death. calculate estate tax due.

EXHIBIT 25-2 The Exemption Equivalent Year of Transfer Gift Tax Estate Tax 1986 19871997 $500,000 600,000 625,000 650,000 $500,000 600,000 625,000 650,000 1998 1999 675,000 675,000 20002001 20022003 2004-2005 1,000,000 1,000,000 20062008 20092010* 2011 2012 2013 2014 2015 1,000,000 1,000,000 5,000,000 5,120,000 5,250,000 5,340,000 5,430,000 5,450,000 5,490,000 11,180,000 11,400,000 1,000,000 1,500,000 2,000,000 3,500,000 5,000,000 5,120,000 5,250,000 5,340,000 5,430,000 5,450,000 5,490,000 11,180,000 11,400,000 2016 2017 2018 2019 *The applicable credit and exemption is zero for taxpayers who opt out of the estate tax in 2010. EXHIBIT 25-1 Unified Transfer Tax Rates* Not Over $10,000 Plus 18% 20 of Amount Over $ 0 10,000 20,000 20,000 22 Tax Base Equal to or Over $ 0 10,000 20,000 40,000 60,000 80,000 100,000 40,000 60,000 24 40,000 Tentative Tax $ 0 1,800 3,800 8,200 13,000 18,200 23,800 38,800 70,800 155,800 248,300 345,800 80,000 100,000 150,000 250,000 28 30 150,000 32. 60,000 80,000 100,000 150,000 250,000 500,000 750,000 1,000,000 34 250,000 500,000 750,000 1,000,000 500,000 750,000 1,000,000 37 39 40 *The applicable credit and exemption is zero for estates that opted out of the estate tax in 2010