Question: In 2 0 1 7 and with $ 2 0 0 , 0 0 0 , Alice purchases a CD at State Bank listing title

In 2017 and with $200,000, Alice purchases a CD at State Bank listing title as follows: Alice, payable on proof of death to Clark. Alice dies in 2024, and Clark (Alices nephew) redeems the CD (now worth $205,000). Disregarding the annual exclusion, what is Alices gift to Clark in:
2017?
2024?

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