Proceeds of life insurance in the life of Jose with Sarah as the

Irrevocable beneficiary
300,000
Land in Dagupan City, donated by Jose to his son when he
learned that he was dying, exclusive property
450,000
Building in Sta Mesa Manila inherited from his father in 2005
(mortgage up on inheritance, P300,000 all of which were paid by
Jose)
1,320,000
Accounts receivable, the debtor went abroad on a one-year job
contract
50,000
Coconut land received as donation from a friend on February 28,
2017 (valued the at P120 000 and mortgaged for P27,750
which was paid by Jose)
150,000
Citrus plantation in Pangasinan, exclusive property of Sarah
950,000

Deductions claimed on the estate are the following:

Funeral expenses
190,000
Judicial expenses
85,000
Medical expenses incurred 2 months before death
18,000
Losses from gambling
140,000
Debts contracted by Sarah (the proceeds benefited her
exclusive property)
60,000
Debts contracted by Jose (the proceeds rebounded to the
benefit of the conjugal property
40,000
Unpaid mortgage on me lot contracted before marriage
125,000
Unpaid engage on as plantation
150,000
Support to his illegitimate child
150,000
Donations to the parish of St. Dominic de Guzman
15,000

REQUIRED Compute the net taxable estate and estate tax due.

Exclusive Conjugal Total

Family home – house P4,500,000
Family home- lot P4,000,000
Furniture and appliances 320,000