September 1 of the current year, Mario Irrevocably transfers a $ 100,000 whole life insurance policy on his life to Mario, Jr. as owner.

September 1 of the current year, Mario Irrevocably transfers a $ 100,000 whole life insurance policy on his life to Mario, Jr. as owner. On September 1, the policy’s interpolated terminal reserve is $30000, Mario paid the most recent annual premium( $ 1800) on June 1, What is the amount of the gift Mario made in current year.