A Simple Trust Has the Following Results$\begin{array}{ll}
\text { DNI } & \$ 60,000 \
\text { Net tax-exempt interest } & 8,000 \
\text { Net accounting income } & 62,000
\end{array}$

Question

Examlex · Accepted Answer

The Answer of A Simple Trust Has the Following Results$\begin{array}{ll}
\text { DNI } & \$ 60,000 \
\text { Net tax-exempt interest } & 8,000 \
\text { Net accounting income } & 62,000
\end{array}$

A Simple Trust Has the Following Results $\begin{array}{ll}\text { DNI } & \$ 60,000 \\\text { Net tax-exempt interest } & 8,000 \\\text { Net accounting income } & 62,000\end{array}$

Definitions: