Area 3,288.92 X 600.00 = 1,973,352.

00
Less Funeral Expenses (200K or 5% which ever is lower) 98,667.60
= 1,874,684.40
Less Standard Deduction 1,000,000.00
= 874,684.40
Less as per Table 500,000.00
= 374,684.40
As per Table X 8%
= 29,974.75
As per Table + 15,000.00
Tax Due = 44,974.75
As per Table (Surcharge) X 25%
= 11,243.69
Tax Due x 20% per annum (Interest) 8,994.95
8 yrs. X 8.00
= 71,959.60
Compromise & Penalties composed of:
No CPA Report
No Notice of Death
75,000.00
Late Payment
Late Filing
GRAND TOTAL 203,178.04