Tom Hruise was an entertainment executive who had a fatal accident on a film set. Tom's will directed his executor to distribute his cash and stock to his spouse, Kaffie, and the real estate to a church, The First Church of Methodology. The remainder of Tom's assets were to be placed in trust for three children. Tom's estate consisted of the following:

Assets:
Personal assets	$ 1,560,000
Cash and stock	26,500,000
Intangible assets (film rights)	84,000,000
Real estate	17,500,000
	$ 129,560,000
Liabilities:
Mortgage	$ 5,700,000
Other liabilities	6,600,000
	$ 12,300,000

a. Tom made a taxable gift of $7.60 million in 2011. Compute the estate tax for Tom's estate. (Refer to Exhibit 25-1 and Exhibit 25-2.)