3. Assume that a "simple trust" receives $30,000 of Sec. 1245 income which is allocable to corpus and $20,000 of tax exempt interest. B is a sole beneficiary. Calculate: (a) FNI (b) Gross income (c) TTI (taxable income without the distribution deduction) (d) DNI (e) 651 deduction (f) TI of trust (g) 652 (a) amount - De Outul co2 (h) Character of 652 amount (i) Net taxable to B 4. Assume that in question (3) the trust instrument allocated the $30,000 Sec. 1245 income to income rather than corpus and specifically allocated tax exempt income to A. interest to B and all other trust 3. Assume that a "simple trust" receives $30,000 of Sec. 1245 income which is allocable to corpus and $20,000 of tax exempt interest. B is a sole beneficiary. Calculate: (a) FNI (b) Gross income (c) TTI (taxable income without the distribution deduction) (d) DNI (e) 651 deduction (f) TI of trust (g) 652 (a) amount - De Outul co2 (h) Character of 652 amount (i) Net taxable to B 4. Assume that in question (3) the trust instrument allocated the $30,000 Sec. 1245 income to income rather than corpus and specifically allocated tax exempt income to A. interest to B and all other trust