A Trust Has the Following Results: the Uniform Act

question 36

Multiple Choice

A trust has the following results: The Uniform Act is followed. The trust document requires one-fifth of the income to be distributed annually to David and the remainder of the income to Patty. What is distributable net income?

• A)$74,000
• B)$72,000
• C)$64,000
• D)$62,000