REFERENCE: Ref.19_02
The provisions of a will currently undergoing probate are: "Two thousand shares of Dorn stock to my son;$30,000 in cash from my savings account to my brother;$50,000 in cash to my daughter;and any remaining property divided equally between my son and daughter."
-Assume that the estate included 1,200 shares of Dorn stock,$22,000 cash in the savings account,and $70,000 in cash from other sources.What would the daughter have received from the settlement of the estate?
A) $60,000 in cash.
B) $50,000 in cash.
C) $55,000 in cash.
D) $62,000 in cash.
E) $57,000 in cash.
Correct Answer:
Verified
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