QUESTION $1(32$ marks, $38$ minutes$)$ Millie Vanilli $($female$,68$ years old$)$ died on $29$ July $2024$ in Johannesburg, Gauteng, where she resided. She is survived by her husband, Sam Vanilli $($male$,68$ years old$),$ to whom she was married out of community of property without accrual, as well as two major twin sons, Max and Rio $(45$ years old$).$ The following assets, liabilities and interests were found in her estate: $1.$ Millie enjoyed the lifelong usufruct of a townhouse where she resided with Sam. It was bequeathed to her by her aunt, Nanny Plum. The bare dominium of the farm vests in Pieter Plum, Millie$$s cousin, who is a male, $59$ years old. The market value of the townhouse was R$1800000$ when Nanny died in December $2021($at the age of $89)$ and R$3000000$ at the time of Millie$$s death. At the time of Nanny$$s death, Millie was $65$ and Pieter was $56$ years of age. $2.$ Millie purchased a holiday home in KwaZulu$-$Natal for R$2000000$ in October $2021,$ which she rented out until $30$ September $2024.$ The property was valued at R$2250000$ at the time of her death. The executor, in total, received rent of R$24000$ for August $2024$ and September $2024$ in aggregate and paid back a deposit of R$4000$ to the lessee on $7$ October $2024.4.$ Personal assets of R$535000.$ The executor sold these assets for R$450000.6.$ Cash in a fixed deposit of R$500000.7.$ Besides the funeral costs of R$40000$ and credit card debt of R$12500,$ there were no other liabilities in Millie$$s estate. Master$$s fees, executor$$s remuneration and estate duty should be provided for at current prescribed tariffs. The executor is not a registered VAT vendor. Additional information: The only bequests found in Millie$$s will were R$100000$ bequeathed to each of her children, and the holiday home bequeathed to her surviving spouse, Sam Vanilli. REQUIRED: MARKS Compile an executor$$s account for the deceased Millie Vanilli for submission to the Master of the High Court. Note: You may ignore the Heading, Fiduciary account and Certificate. Breakdown of marks is as follows: $32$ Liquidation account $9$ marks Recapitulation statement $3$ marks Distribution account $6$ marks Income and expenditure account $3$ marks Estate duty addendum $11$ marks Total $32$ marks