The following information applies to the questions displayed below. 2010 Casey made a taxable gift of $6.2 million to both Stephanie and Linda (a total of $12.4 million in taxable gifts ) Calculate the amount of gift tax due this year and Casey's unused applicable credit under the following alternatives. (Refer to Exhibit 25-1 and Exhibit 25-2) Note: Enter your answers in dollars, not millions of dollars. Leave no answer blank. Enter zero if applicable.

a This year Casey made a taxable gift of $1 million to Stephanie, Casey is not married, and the 2010 gift was the only other taxable gift he has ever made

calculate:

1-Gift tax due

2-Unused applicable credit

EXHIBIT 25-1 Unified Transfer Tax Rates* *The applicable credit and exemption are zero for estates that opted out of the estate tax in 2010. KXHIBIT 25.2 The Fscmption Faulvalent / Applicable Fxclusioe Ansont