Bonita is considering establishing a trust for her mother that will pay out $1,000 each month. The trust department will act as trustee. Bonita will retain the right to revoke the trust and be the remainder beneciary of the trust. If the trust earns $15,000 for the year, who must pay the income tax on earnings? The trust pays on $15,000. Bonita's mother pays on $12,000, Bonita on $3,000. Bonita's mother pays on $12,000, the trust on $3.000. Bonita pays on $15,000. Correct