Terrence Corporation plans to sell 40,000 units of its single product in March. The company has 2,700 units in its March 1 finished-goods inventory and anticipates having 2,300 completed units in inventory on March 31. On the basis of this information, how many units does Terrence plan to produce during March

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?