A complex trust is required to distribute $28,500 and $37,500 annually to its beneficiaries, Bill and Clara, respectively. In addition, it can distribute other amounts at its discretion. In Year 1 , it had DNI of $67,000 and distributed $28,500 to Bill and $42,500 to Clara. All of its income is from dividends. In Year 2, it had DNI of $81,000 and distributed $34,500 to Bill and $40,500 to Clara. Again, all of its income is from dividends. Requirement Determine the amount of income each beneficiary should report with respect to the distributions for each year