The following deaths occurred in 2020. a. Determine the gross estate value for each decedent if the special use valuation is elected. Please use picture for reference

Problem 19-28 (LO. 2) The following deaths occurred in 2020. a. Determine the gross estate value for each decedent if the special use valuation is elected. Most Suitable Use Value Special Use Value S 2032A Election Appropriate? Valuation Used for Estate Tax Purposes Decedent Perry $3,000,000 $3,500,000 2032A Not appropriate Hopkins 3,000,000 1,500,000 2032A Appropriate Morris 5,000,000 2,000,000 $ 2032A Appropriate Allen 5,000,000 4,200,000 2032A Appropriate b. Select a Microsoft Excel formula that will generate the correct answer for all of the decedents. GEVALUE=IF(SUITABLE