Abigail established a charitable remainder annuity trust $($CRAT$)$ with a single security with a fair market value of $$2$ million and a cost basis of $$500,000.$ The details of the CRAT are listed below

Annuity percentage $=10\%$

Annuity term $=9$ years

Remainder percentage $=12\%$

Chance of failure $=3\%$

a$.$ What is the charitable income tax deduction for this trust?

b$.$ If this trust earned income of $3\%($based on the beginning value$),$ what is the income tax impact of the annuity payment to Abigail?