g. The balance of my estate is to be divided equally between my son Calvin, Jr., and my daughter, Susan. Determine the amount of cash to be received by the decedent’s grandchild Riley and his son Calvin Hughes, Jr., under each of the following scenarios:
Scenario A: The following additional information is available at the date of death: the estate only consisted of $40,000 cash, William Hughes was deceased, the Kachina collection was sold for $45,000, insurance policy number 14378 had a death benefit of $50,000, insurance policy number 48002 had a death benefit of $40,000, Riveredge Nature Center consisted of 560 acres, and the residence at 110 Hillcrest Road was sold for $220,000.
Scenario B: The following additional information is available at the date of death: the estate only consisted of $15,000 cash, William Hughes was thrilled to receive the Kachina collection which was valued at $45,000, insurance policy number 14378 had a death benefit of $50,000, insurance policy number 48002 had a death benefit of $40,000, Riveredge Nature Center consisted of 160 acres, and the residence at 110 Hillcrest Road was sold for $220,000.