MrAnd MrsGupta Want to Make Cash Gifts to Each of Their

Mr.and Mrs.Gupta want to make cash gifts to each of their four children,the children's four spouses,and three grandchildren.Compute the total amount that the Guptas can transfer to their younger-generation family members without making a taxable gift for the year.

A) $98,000
B) $196,000
C) $154,000
D) $308,000