Tina Ames died on February 10, 2022. In filing the estate tax return, her executor, Marvin Black, elects the primary valuation date and amount (fair market value on the date of death). On April 15, 2022, Marvin invests $30,000 of cash that Tina had in her money market account in acquiring 1,000 shares of Macys, Inc. ($30 per share). On February 10, 2022, Macys was selling for $29 per share. The stock is distributed to a beneficiary, Janet Rust, on June 1, 2022, when it is selling for $35 per share. Marvin wants you to determine the amount at which the Macys shares should appear on the estate tax return and the amount of Janets adjusted basis for the stock. Write a letter to Marvin in response to his inquiry