The Provisions of a Will Currently Undergoing Probate Are: "Two

The provisions of a will currently undergoing probate are: "Two thousand shares of Ranger stock to my son; $50,000 in cash from my Peoples Savings Bank account to my brother; $75,000 in cash to my daughter; and any remaining property divided equally between my son and daughter."Assume that, at the time of death, the estate included 1,500 shares of Ranger stock, $85,000 cash in the savings account, and $95,000 in cash from other sources. What would the son have received from the settlement of the estate?

A) 1,500 shares of Ranger stock and $42,500 cash.
B) 2,000 shares of Ranger stock and $47,500 cash.
C) 2,000 shares of Ranger stock and $25,000 cash.
D) 1,500 shares of Ranger stock and $12,500 cash.
E) 1,500 shares of Ranger stock and $27,500 cash.

Correct Answer:

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