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A Trust Reports the Following Results All of the Items Are Allocated to Income Except the corporate

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Essay

A trust reports the following results:
 Interest from corporate bonds $20,000 Dividends 10,000 Tax-exemptinterest 20,000 Trustee fees 6,000 Capital gain 10,000\begin{array}{ll}\text { Interest from corporate bonds }&\$20,000\\\text { Dividends } & 10,000 \\\text { Tax-exemptinterest } & 20,000 \\\text { Trustee fees } & 6,000 \\\text { Capital gain } & 10,000\end{array} All of the items are allocated to income except the capital gains.Calculate the maximum amount of trustee fees that are deductible.

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Definitions:

Stirrup

A small, U-shaped bone in the middle ear that plays a key role in transmitting sounds from the outer ear to the inner ear.

Cochlea

A spiral-shaped, fluid-filled inner ear structure that is essential for hearing as it converts sound vibrations into neural signals.

Auditory Nerve

The nerve that carries signals from the inner ear to the brain, allowing us to process sounds.

Eardrum

A thin membrane that separates the outer ear from the middle ear and vibrates in response to sound waves, aiding in the process of hearing.

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