Roland had a taxable estate of $16.7 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.)

a. Rolands prior taxable gifts consist of a taxable gift of $1 million in 2005.

b. Rolands prior taxable gifts consist of a taxable gift of $1.5 million in 2005.

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

EXHIBIT 25-2 The Exenmption Equivalent Year of Transfer Gift Tax Estate Tax 1936 500.000 500,000 1937 1997 600,000 600,000 Unified Transfer Tax Rates EXHIBIT 25-1 1998 625,000 625,000 Tax Base 1999 650.000 650,000 of Amount Over Equal to r Over Not Oyer Tentative Tax Plus 2000-2001 675,000 675,000 189 10,000 20,000 0 C 10.000 20,000 1,800 20 10.000 2002-2003 1,000,000 1,000,000 40,000 3.800 20,000 22 2004-2005 1,000,000 1,500,000 40,000 8.200 40,000 60,000 24 60,000 80,000 13,000 26 60.000 2006-2008 1,000.000 2.000,000 80,000 80,000 100,000 18,200 28 2009 2010 1,000,000 3,300,000 100,000 150,000 23,800 30 100,000 150,000 250,000 38,800 32 150.000 2011 5,000,000 3,000,000 250,000 250,000 500,000 70,800 34 2012 5,120.000 5,120.000 500,000 750,000 155.800 37 500,000 750,000 1,000,000 248,300 750,000 39 2011 5.250,000 3.250,000 1,000,000 1,000,000 00 2014 5,310,000 3.340,000 The applicable credit and exemption Is zero for estates that opted out of the estate tax In 2010 5,430,000 2013 5,430,000 2016 5,450,000 5,450,000 3,490,000 2017 3.490,000 2012 11,10,000 11,150,000 The appcable coedr and aemgnon is zero foe apas who oe oe of e tan 2010