$5.$ Interest income $10,000$; gross rents INCOME $50,000$; dividends income $($fiduciary$)20,000$; tax$-$exempt income $20,000$; capital gains $20,000$; capital loss $10,000$; rent expense $15,000$; expenses related to tax$-$exempt income $1,000$; trustee allocation to corpus $6,000$; trustee allocation to income $4,000.$ Find:

FAI:

Tentative Taxable Income:

DNI:

Modified DNI:

Taxable Income for the state of trust:

K$1$ for beneficiary: