Assume That, at the Time of Death, the Estate Included

question 54

Multiple Choice

Assume that, at the time of death, the estate included 1,200 shares of Dorn stock, $60,000 cash in the savings account, and $70,000 in cash from other sources.What would the son have received from the settlement of the estate?

• A) 1,200 shares of Dorn stock and $35,000 cash.
• B) 2,000 shares of Dorn stock and $10,000 cash.
• C) 2,000 shares of Dorn stock and $25,000 cash.
• D) 1,200 shares of Dorn stock and $10,000 cash.
• E) 1,200 shares of Dorn stock and $25,000 cash.