8. Upon his death three years ago, Mr. Allen's will provided for the creation of a trust. The will required that any income distributed by the trust be allocated 50 percent to his wife, and 12.5 percent to each of his four children. During 2010, the trust had the following income and expense: Eligible Dividends From Canadian Corporations $20,000 Interest From Canadian Sources 10,000 Interest Expense On Money Borrowed To Acquire Shares 1,000 For 2010, the beneficiaries and the trustees jointly agreed that all income received by the trust, except for $5,000 of the interest, would be paid to the beneficiaries. What is the taxable income attributable to Mrs. Allen for the year from the trust? A. $12,000. B. $12,500. C. $16,400. D. $15,000. E. $14,400