1 When Abigail died in 2012, she owned 2,000 shares of Finch Corporation. The stock is traded in an over-the-counter market.

32. LO.1 When Abigail died in 2012, she owned 2,000 shares of Finch Corporation. The stock is traded in an over-the-counter market. The nearest trades before and after the date of Abigail’s death are as follows.Per Share Mean Selling PriceFive days before Abigail’s death$300Eight days after Abigail’s death 360Assuming that the alternate valuation date is not elected, at what value should the Finch stock be included in Abigail’s gross estate?33. LO.1 Barry creates a trust with property valued at $6 million. Under the terms of the trust instrument, Michelle (age 50) receives a life estate, while Terry (age 25) receives the remainder interest. In the month the trust is created, the interest rate is 4.2%. Determine the value of Barry’s gifts.34. LO.1 Arlene creates a trust with assets worth $1 million. Under the terms of the trust, Tracy (age 16) receives the income for seven years, remainder to Dawn (age 35). In the month the trust is created, the interest rate is 4.4%. Determine the value of Arlene’s gifts.(Jr. 19-38)