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

Question

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

Quizplus · Accepted Answer

The Answer of 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

A Trust Has the Following Results: the Uniform Act