June made taxable gifts as follows: $400,000 in 1973, $200,000 in 1977, $600,000 in 1985, and $700,000

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Question:

June made taxable gifts as follows: $400,000 in 1973, $200,000 in 1977, $600,000 in 1985, and $700,000 in 2001. In 2013, June dies leaving a taxable estate of $4,000,000. June’s tax base for applying the unified tax rate schedules (for estate tax purposes) is:

a. $4,000,000.

b. $4,500,000.

c. $5,300,000.

d. $5,500,000.

e. None of the above.