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REFERENCE: Ref.19_02 The Provisions of a Will Currently Undergoing Probate Are: "Two

Question 5

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REFERENCE: Ref.19_02
The provisions of a will currently undergoing probate are: "Two thousand shares of Dorn stock to my son;$30,000 in cash from my savings account to my brother;$50,000 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 1,200 shares of Dorn stock,$60,000 cash in the savings account,and $70,000 in cash from other sources.What would the son have received from the settlement of the estate?


A) 1,200 shares of Dorn stock and $35,000 in cash.
B) 2,000 shares of Dorn stock and $10,000 in cash.
C) 2,000 shares of Dorn stock and $25,000 in cash.
D) 1,200 shares of Dorn stock and $10,000 in cash.
E) 1,200 shares of Dorn stock and $25,000 in cash.

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