Simbulan, married to Babes on December 30, 2000, died on May 20 of the current year. The properties, rights and claims at the time of his death are as follows (all are in Philippine Peso):

Car purchased in 2007	500,000.00
Jewelry	120,000.00
Family home inherited from his father in 1998	850,000.00
Land and building inherited from his mother in 2003	3,000,000.00
Painting inherited from his father in 1998	150,000.00
Subdivision lot inherited by Babes from her father in 2002	600,000.00
Personal property for exclusive use of Simbulan	75,000.00
Shares of stock brought into the marriage by Babes	200,000.00
Benefits received from the Social Security System	60,000.00
Funeral expenses	115,600.00
Judicial expenses	47,800.00
Notes payable, not notarized	25,000.00
Mortgage payable on land and building (the money was used for the renovation of the building	50,000.00
Mortgage on subdivision lot	30,000.00
Legacy to Philippine National Red Cross	20,000.00
Income tax on income up to May 20	24,700.00

The painting is the subject of a fideicommissary substitution. The property shall be transferred by Simbulan, the fiduciary heir, to his son, Bobbit, the fideicommissary. The property regime was absolute community of property.

Required: Compute the estate tax due. Apply the TRAIN Law regardless of the year of transaction.

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