A Fiduciary Is Instructed by a Trust Instrument to Distribute

A fiduciary is instructed by a trust instrument to distribute currently all trust income equally between two beneficiaries.Furthermore, the corpus of the trust is to be preserved intact for the remainderman.The instrument states that no charitable contributions are allowed from either income or principal.During the year, the trust's DNI was $23,000: $22,000 from rents and $1,000 from interest on a tax-exempt debenture.Compute the reportable income for one of the beneficiaries (B) , and the trust's deduction for distributions made to the beneficiaries.

A) $11,000 taxable to B; $22,000 deductible by trust
B) $11,000 taxable to B; $23,000 deductible by trust
C) $11,500 taxable to B; $22,000 deductible by trust
D) $11,500 taxable to B; $23,000 deductible by trust