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see attachment. c. The estate of Kent Talbert reported the following information: Prepare a schedule to show the amount of the taxable estate. b.The provisions

see attachment.
c. The estate of Kent Talbert reported the following information:
Prepare a schedule to show the amount of the taxable estate.

b.The provisions of a will currently undergoing probate are: "One thousand shares of Wal-Mart stock to my son; $10,000 in cash from my savings account to my brother; $5,000 in cash to my daughter; and any remaining property divided equally between my son and daughter." At the time of death, the estate included 1,400 shares of Wal-Mart stock and $25,000 cash in the savings account. Calculate what the son have received from the settlement of the estate. 3A3; qOa.Assume that Bob Smith dies on May 25, 2013. Mr. Smith's assets include the following: ABC Stock costing $30,000 but valued at $40,000; a house costing $280,000 but valued at $620,000; life insurance in the amount of $600,000; and cash from various sources totaling $50,700. Three credit cards in Mr. Smith's name had balances totaling $8,530 on the date of death. The estate paid funeral and final medical expenses in the amount of $50,492. There were no charitable gifts designated by the will, and Mr. Smith was single at the time of his death. Calculate the amount of taxable estate.

image text in transcribed Problem 2A: Show your calculations in the yellow-shaded cells provided for each item. You can insert rows within these as you need them. The itemsfinal are separate independent and have no There relationship each other.gifts designated paidfollowing funeral and medical and expenses in thesituations amount of $50,492. were with no charitable Smith was single at the time of his death. Calculate the amount of taxable estate. b. The provisions of a will currently undergoing probate are: "One thousand shares of Wal-Mart stock to my son; $10,000 i account to my brother; $5,000 in cash to my daughter; and any remaining property divided equally between my son and da death, the estate included 1,400 shares of Wal-Mart stock and $25,000 cash in the savings account. Calculate what the son the settlement of the estate. c. The estate of Kent Talbert reported the following information: Prepare a schedule to show the amount of the taxable estate. ou can insert rows within these yellow-shaded cells each other.gifts designated by the will, and Mr. othcharitable e. Mart stock to my son; $10,000 in cash from my savings equally between my son and daughter." At the time of account. Calculate what the son have received from

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