This year Natalie transferred $500,000 of bonds to a revocable trust with directions to the trustee to pay income to her aunt for five years after which the corpus is to be distributed to Natalie's niece. At year end, the trustee paid $14,000 of income to the aunt. Which of the following is a true statement? Natalie has made a completed gift of $500,000, Natalie has made a taxable gift of $1,000 Natalie has not made a completed gift because the trust is revocable, Natalie has made a taxable gift of $474,000 O None of these The calculation of the value of a life estate in a trust generally does not depend upon which of the following factors? the age of the life tenant the Section 7520 interest rate the value of the property at the time of the transfer. the manner in which the trust corpus is invested All of these