A Trust Distributes 30% of Its Income to Mark and 20

question 49

Multiple Choice

A trust distributes 30% of its income to Mark and 20% to Nancy. The remaining 50% is accumulated. The trust's depreciation is $1,000. The trust instrument is silent regarding the depreciation deduction. State law requires the depreciation be charged to principal. What part of the depreciation deduction will be allocated to Mark?

• A)$0
• B)$200
• C)$300
• D)$1,000

---

Definitions:

Population Standard Deviation

A measure of the amount of variation or dispersion present in a set of values within an entire population.

Applicants' Grades

The academic scores or marks obtained by individuals applying for admission to educational programs.

Chi-Squared Test

A statistical test used to determine if there is a significant difference between observed frequencies and expected frequencies in categorical data.

Population Variance

Population variance quantifies the dispersion of a population's values, measuring how each value differs from the mean of the population.