Jim Bowie died on April 1, 2011. The estate has the following gross asset valuation information: $$\begin{array} { | l | c | c | c | }
\hline { \text { Estate Asset } } & \text { April 1,2011 } & \text { October 1,2011 } & \frac { \text { Date of Sale } } { \text { June } \mathbf { 1 , 2 0 1 1 } } \
\hline \text { Coin collection } & \$ 30,000 & \$ 28,000 & \$ 25,000 \
\hline \text { Google common stock } & \$ 50,000 & \$ 48,000 & \$ 56,000 \
\hline
\end{array}$$
The estate tax will be calculated using:

Question

Jim Bowie died on April 1, 2011. The estate has the following gross asset valuation information: $$\begin{array} { | l | c | c | c | } 
\hline { \text { Estate Asset } } & \text { April 1,2011 } & \text { October 1,2011 } & \frac { \text { Date of Sale } } { \text { June } \mathbf { 1 , 2 0 1 1 } } \
\hline \text { Coin collection } & \$ 30,000 & \$ 28,000 & \$ 25,000 \
\hline \text { Google common stock } & \$ 50,000 & \$ 48,000 & \$ 56,000 \
\hline
\end{array}$$
The estate tax will be calculated using:

Quizplus · Accepted Answer

The Answer of Jim Bowie died on April 1, 2011. The estate has the following gross asset valuation information: $$\begin{array} { | l | c | c | c | } 
\hline { \text { Estate Asset } } & \text { April 1,2011 } & \text { October 1,2011 } & \frac { \text { Date of Sale } } { \text { June } \mathbf { 1 , 2 0 1 1 } } \
\hline \text { Coin collection } & \$ 30,000 & \$ 28,000 & \$ 25,000 \
\hline \text { Google common stock } & \$ 50,000 & \$ 48,000 & \$ 56,000 \
\hline
\end{array}$$
The estate tax will be calculated using:

Jim Bowie Died on April 1, 2011 The Estate Tax Will Be Calculated Using: A) $73,000

Jim Bowie Died on April 1, 2011 The Estate Tax Will Be Calculated Using:
A) $73,000