Theo buys 116 shares of Raxin Accounting at $15. 66 per share and 165 shares of Sanden Research Labs at $8. 57 per share. If Theo’s broker charges a commission of $11. 50 per ten shares bought or sold, how much does Theo pay in commission? a. $1,816. 56 b. $323. 15 c. $3,553. 76 d. $1,414. 5.

Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?