Morrow Died on January 15, 2018 Leaving the Following Assets:

Question 99
Multiple Choice

Morrow died on January 15, 2018 leaving the following assets: img What is the value of the estate if the alternative valuation date is elected and the house was sold on March 10 for $605,000 and the stocks were sold on June 30 for $265,000? A) $1,375,000 B) $1,360,000 C) $1,350,000 D) $1,343,000