Mr. Nama Tay, Filipino, married died on December 31,2018,3 years after his marriage to Mrs....

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Accounting

Mr. Nama Tay, Filipino, married died on December 31,2018,3 years after his marriage to Mrs. Dinam Tay. He left the following properties:
Property inherited by Mr. Tay from his father who died Feb 14,2013
P 3,000,000
Property inherited by Mrs. Tay from her father who died Feb 14,2014
P 1,200,000
Property inherited by Mr. Tay from her mother who died Feb 14,2015 P 1,800,000
Property inherited by Mrs. Tay from her mother who died Feb 14,2016
P 1,400,000
Property acquired thru labor of Mr. Tay -----P 2,000,000
Property acquired thru labor of Mrs. Tay-- P ,1,500,000
Other personal property P 1,600,000
Deductions:
Unpaid Mortgages on property in
a-P 500,000
b.P300,000
c.P180,000
d.P200,000
Determine Net State:
Compute net estate:
Assuming:
Conjugal Partnership of Gains 2. Absolute Community of Property
Conjugal Partnership of Gains
EXCLUSIVE CONJUGAL TOTAL
A.P3,833,610
B.P2,108,500
C.P7,000,000
D. none of the above
The propertly previously tax is:
a 352,779
b.400,000
c.252,000
d. none of the above
the share of the surviving spouse is:
a.14,033,611
b.10,000,000
c.29,100,000
d. none of the above
the net estate is:
a.2,005,927
b.10,000,500
c.2,500,000
d. none of the above
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