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A Trust Reports the Following Results

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A trust reports the following results:
A trust reports the following results:    All of the items are allocated to income except the capital gains.Calculate the maximum amount of trustee fees that are deductible. All of the items are allocated to income except the capital gains.Calculate the maximum amount of trustee fees that are deductible.


Definitions:

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Free Trade

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A form of foreign aid that requires the recipient country to spend the funds in the country of the donor or in a group of specified countries.

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