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Sandra dies and leaves behind a gross estate of $4.5 million. Her administrative and funeral expenses total $50,000. The federal estate tax exclusion amount is
Sandra dies and leaves behind a gross estate of $4.5 million. Her administrative and funeral expenses total $50,000. The federal estate tax exclusion amount is $11,700,000. The estate tax rate is 40%. How much will Sandra's estate owe in estate taxes? $1,800,000 $4,680,000 $1,780,000 $0.00 None
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