Mary Contrary is the executor for the estate of Belle Silver.Belle owned a home with a fair value of $200,000.The home has a remaining mortgage amount of $80,000.Mary also has personal effects worth $8,000,an investment portfolio with a fair value of $150,000 on the date of death,and approximately $7,500 in cash in various accounts.The home was left to her daughter in the valid will that Belle had executed prior to her death.
Belle did not have a surviving spouse,but her daughter is a minor,who is independently wealthy after inventing a cutting-edge software program.The state in which Belle resided,allows a $15,000 homestead allowance,and a $10,000 personal effects entitlement.
After taking an inventory,and converting all of the assets,except for the home and the personal effects,into cash,there is $159,000 for Mary to distribute to the appropriate devises,beneficiaries,and creditors.
Mary has identified the following expenses and devises:
1.Belle's unpaid final medical expenses were $24,000.
2.Belle left a devise of $100,000 to her church.
3.The costs and expenses of administering the estate were $21,000.
4.Real estate taxes of $3,600 are past due.
5.The unpaid funeral expenses were $8,700.
Required:
Prepare a schedule that will list the disbursements of assets.Assume that the state in which Belle resided has adopted the Uniform Probate Code.

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The Answer of Mary Contrary is the executor for the estate of Belle Silver.Belle owned a home with a fair value of $200,000.The home has a remaining mortgage amount of $80,000.Mary also has personal effects worth $8,000,an investment portfolio with a fair value of $150,000 on the date of death,and approximately $7,500 in cash in various accounts.The home was left to her daughter in the valid will that Belle had executed prior to her death.
Belle did not have a surviving spouse,but her daughter is a minor,who is independently wealthy after inventing a cutting-edge software program.The state in which Belle resided,allows a $15,000 homestead allowance,and a $10,000 personal effects entitlement.
After taking an inventory,and converting all of the assets,except for the home and the personal effects,into cash,there is $159,000 for Mary to distribute to the appropriate devises,beneficiaries,and creditors.
Mary has identified the following expenses and devises:
1.Belle's unpaid final medical expenses were $24,000.
2.Belle left a devise of $100,000 to her church.
3.The costs and expenses of administering the estate were $21,000.
4.Real estate taxes of $3,600 are past due.
5.The unpaid funeral expenses were $8,700.
Required:
Prepare a schedule that will list the disbursements of assets.Assume that the state in which Belle resided has adopted the Uniform Probate Code.

Mary Contrary Is the Executor for the Estate of Belle