Bob is one of the income beneficiaries of the LeMans Estate,which is subject to a 45% marginal Federal estate tax rate,a 35% marginal Federal income tax rate,and a 5% marginal state income tax rate.This year,Bob received all of the sales commissions that were earned and payable to Violet LeMans (cash basis)at her death.Compute Bob's § 691(c)deduction for the current year,given the following data.
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