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Problem 14-15 (LO14.4) Barry and Mary have accumulated over $3.5 million during their 50 years...

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Accounting

Problem 14-15 (LO14.4) Barry and Mary have accumulated over $3.5 million during their 50 years of marriage. They have three children and five grandchildren. What is the total amount removed from Barry and Mary's estate in 2020 if they gift the maximum allowable amount to their children and grandchildren without incurring any gift taxes? (Enter your answer in dollars not in millions of dollars.)

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