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, and the real estate to his church, The First Church of Methodology. The remainder of his assets were to be placed in trust for his three children. Toms estate consisted of the following:

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

a. Tom made a taxable gift of $6.20 million in 2011. Compute the estate tax for Toms estate. (Refer to Exhibit 25-1 and Exhibit 25-2.)

(Enter your answers in dollars, not millions of dollars.)

EXHIBIT 25-1 Unified Transfer Tax Rates* EXHIBIT 25-2 The Exemption Equivalent \begin{tabular}{|l|c|c|} \hline \multicolumn{1}{|c|}{ Year of Transfer } & Gift Tax & Estate Tax \\ \hline 1986 & $500,000 & $500,000 \\ \hline 19871997 & 600,000 & 600,000 \\ \hline 1998 & 625,000 & 625,000 \\ \hline 1999 & 650,000 & 650,000 \\ \hline 20002001 & 675,000 & 675,000 \\ \hline 20022003 & 1,000,000 & 1,000,000 \\ \hline 20042005 & 1,000,000 & 1,500,000 \\ \hline 20062008 & 1,000,000 & 2,000,000 \\ \hline 20092010 & 1,000,000 & 3,500,000 \\ \hline 2011 & 5,000,000 & 5,000,000 \\ \hline 2012 & 5,120,000 & 5,120,000 \\ \hline 2013 & 5,250,000 & 5,250,000 \\ \hline 2014 & 5,340,000 & 5,340,000 \\ \hline 2015 & 5,430,000 & 5,430,000 \\ \hline 2016 & 5,450,000 & 5,450,000 \\ \hline 2017 & 5,490,000 & 5,490,000 \\ \hline 2018 & 11,180,000 & 11,180,000 \\ \hline 2019 & 11,400,000 & 11,400,000 \\ \hline 2020 & 11,580,000 & 11,580,000 \\ \hline 2021 & 11,700,000 & 11,700,000 \\ \hline \end{tabular}