The Chen Trust Is Required to Distribute Its Accounting Income

question 2

Multiple Choice

The Chen Trust is required to distribute its accounting income every year, one-half to Missy Chen, and one-half to the local church's homeless shelter. What is the Chen Trust's personal exemption?

• A) $0
• B) $100
• C) $300
• D) $600

---

Definitions:

Vaginal Suppository

A solid medical preparation in a roughly conical or cylindrical shape, intended for insertion into the vagina to dissolve and exert its effect locally.

Semi-Fowler's

A position in which a patient is semi-upright at an angle of about 30-45 degrees, often used to promote lung expansion and ease breathing.

Applicator

A tool or device used to apply a substance or prepare a surface, often found in medical or cosmetic applications.

Right to Know

A legal principle that allows individuals to seek information from the government or organizations, particularly regarding environmental hazards or workplace safety.