Tom Hruise was an entertainment executive who had a fatal accident on a film set. Toms will directed his executor to distribute his cash and stock to his wife, Kaffie, the real estate to his church, The First Church of Methodology, and the remainder of his assets were to be placed in trust for his three children. Toms estate consisted of the following: (Refer toExhibits 25-1 and Exhibit 25-2.)

a. Tom made a taxable gift of $6.20 million in 2011. Compute the estate tax for Toms estate.

Assets:
Personal assets	$	1,090,000
Cash and stock		25,100,000
Intangible assets (film rights)		77,000,000
Real estate		16,100,000
	$	119,290,000
Liabilities:
Mortgage	$	4,300,000
Other liabilities		5,200,000
	$	9,500,000

Gross estate
Debts
Adjustable gross estate
Marital deduction
Charitable deduction
Taxable estate
Adjusted taxable gifts
Cumulative taxable transfers
Current tax rates		%
Tax on cumulative transfers
Current tax on adjusted taxable gifts
Tentative estate tax
Unified credit
Estate tax due