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Morrow Died on January 15,2013 Leaving the Following Assets

Question 44

Multiple Choice

Morrow died on January 15,2013 leaving the following assets: Morrow died on January 15,2013 leaving the following assets:   What is the value of the estate if the alternative valuation date is elected and the house was sold on March 10 for $605,000 and the stocks were sold on June 30 for $265,000? A) $1,375,000 B) $1,360,000 C) $1,350,000 D) $1,343,000 What is the value of the estate if the alternative valuation date is elected and the house was sold on March 10 for $605,000 and the stocks were sold on June 30 for $265,000?


A) $1,375,000
B) $1,360,000
C) $1,350,000
D) $1,343,000

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