Ms. B, spouse of the decedent who died in a bus accident, received P2,500,000 broken down as follows: P900,000 From a life insurance taken out by the decedent designating his wife as revocable...

Ms. B, spouse of the decedent who died in a bus accident, received P2,500,000 broken down as follows:

P900,000 From a life insurance taken out by the decedent designating his wife as revocable beneficiary

P1,200,000 From an insurance company taken out by the decedent designating his wife as irrevocable beneficiary

P400,000

From the owner of the bus involved in the accident where settlement was made outside court proceedings

The total amount excluded from gross estate is?