Subsequent to Nancy’s death, but within the 6-month alternative valuation date, the following occurred: a. Two months after Nancy’s death, the Macon County land was sold for $3,050,000, and the...

Subsequent to Nancy’s death, but within the 6-month alternative valuation date, the following occurred:

a. Two months after Nancy’s death, the Macon County land was sold for $3,050,000, and the principal amount of the real estate loan was paid off along with revised accrued interest of $8,300.

b. Three months after Nancy’s death, the gold market began to collapse, and the coins were sold for $250,000.

c. ExxonMobil stock was discovered. The stock had a value of $22,000 at Nancy’s date of death and was subsequently sold for $23,000.

d. The bubble burst and four months after Nancy’s death, the Google stock was sold for $780 per share.