Using property she inherited, Myrna makes a gift of $16.2 million to her adult daughter, Doris. Neither Myrna nor her husband, Greg, has made any prior taxable gifts. Assuming that a flat 40% tax rate applies, determine the Federal gift tax liability if: 

a. The election to split gifts is not made. 

b. The election to split gifts is made. 

c. What are the tax savings from making the election?