Suellen Symmes died on January 15, 2017. Her estate elected a November 30 year end. The executor projects that the estate will receive interest income of $50,000 by November 30, 2017, and will have no other gross income. In addition, it will have no deductions other than the personal exemption. The beneficiary of the estate is Thomas Symmes, a calendar year taxpayer who is projected to have $195,000 of taxable income in 2017, not including any distributions from the estate. Compare the overall tax costs for the estate and Thomas if (1) the executor distributes $37,250 to Thomas prior to November 30, 2017, or (2) the estate makes no distributions before November 30, 2017. Thomas is unmarried and files as a single taxpayer.