Which of the following statements concerning the marital deduction in Jim's estate is correct? a. It is not available for the $200,000 whole life insurance policy owned by Jim b. It does not apply to the term life policy proceeds, since Jim's estate, not Nancy, is the beneficiary c. It does apply to the fishing boat, since it passes through Jim's will. d. It does apply to the replacement cost of the whole life insurance policy, since Jim is the insured