Which one of the following statements is true? Group of answer choices Debt increases the possibility of financial distress. Bondholders are generally granted voting rights equal to those of common shareholders. Unpaid common stock dividends can force a firm into liquidation. Payments of both interest and dividends are tax-deductible as business expenses. Debt holders have a residual claim on a firm's assets.

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?