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In Computing Distributable Net Income (DNI) for a Trust, One

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In computing distributable net income (DNI) for a trust, one removes any corpus net capital gain or loss.


Definitions:

Molecular Formula

A notation that shows the number and type of atoms in a molecule, without indicating how they are connected.

Elemental Analysis

A method of measuring the relative amounts of each element within a chemical sample.

Empirical Formula

The simplest positive integer ratio of atoms present in a compound, not providing structural information but indicating the proportion of elements.

Molecular Formula

A molecular formula represents the number and type of atoms in a molecule, indicating the composition of the molecule without showing its structure.

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