1. The Amy Trust is a simple trust that uses the calendar year for tax purposes. Its income beneficiaries, Judy and Janice, are entitled to the trust's annual accounting income in shares of one-half each. The Amy Trust reports the following for the current year: Ordinary income $200,000 Long-term capital gains, allocable to corpus 40,000 Trustee commission expense, allocable to corpus 3,800 a. What is the trust's distributable net income? b. How much gross income should each beneficiary report? c. What is the trust's taxable income