. Richard recently passed away. The value of his assets at the time of death was $10,250,250. The cost of his funeral was $15,000, while estate administrative costs totaled $72,000. As stipulated in his will, he left $1,000,000 to charities. He also accumulated gifts to his children exceeded the allowable gift tax exclusion by $500,000. Based on this information, answer the following questions: a. Determine the value of Richard's gross estate. (1 mark) b. Calculate the value of his taxable estate. (3 marks) c. Assuming he died in 2017, how much of his estate would be subject to taxation? (4 marks) d. Calculate the estate tax liability. (2 marks)