1. On 1 March 2023, Jane donates a block of flats to the Jane Trust, a discretionary inter vivos trust. In the 2023/2024 year of assessment, the trust receives rental income in the amount of R1 000 000 in respect of the block of flats. The R1 000 000 rental income is dealt with as follows by the trustees of the trust: (i) R100 000 is vested in Jane. (ii) R200 000 is vested in Janes son Shaun, aged 12. (iii) R300 000 is vested in Janes daughter, Alice, aged 19. (iv) R400 000 is retained in the trust. Which one of the following statements is correct? a. R100 000 will be taxed in Janes hands, R200 000 in Shauns hands, R300 000 in Alices hands and R400 000 in the trusts hands. b. R300 000 will be taxed in Janes hands, R300 000 in Alices hands and R400 000 in the trusts hands. c. R700 000 will be taxed in Janes hands and R300 000 in Alices hands. d. R600 000 will be taxed in Janes hands, R200 000 and R400 000 in the trusts hands. e. None of the above