Jopat Manufacturing has provided the following information for the month of April: Beginning Ending Inventories: Raw Materials $32,000 $38,000 Work in Process 11,000 17,000 Finished Goods 45,000 47,000 Additional Information: Direct Materials Purchased $65,000 Manufacturing Overhead 61,000 Direct Labor 88,000 What is the cost of goods sold for the month

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?