June made taxable gifts as follows: $200,000 in 1977,$600,000 in 1985,and $700,000 in 2001.In 2015,June dies leaving a taxable estate of $4,000,000.June's tax base for applying the unified tax rate schedules (for estate tax purposes) is:

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The unified tax rate schedule for estate tax purposes includes both the value of the decedent's taxable estate at the time of death and the value of any taxable gifts made during the decedent's lifetime. The taxable gifts made by June must be added to the value of her estate to determine her tax base. Therefore, the tax base is $4,000,000 + $200,000 + $600,000 + $700,000 = $5,500,000 (answer choice D).

June Made Taxable Gifts as Follows: $200,000 in 1977,$600,000 in 1985,and