Complete the following chart, indicating the comparative attributes of the typical simple trust and complex trust. Attribute a. The trust could incur its own tax liability for the year. b. The trust can (or must) distribute all of DNI. Simple Trust Complex Trust c. Maximum tax rate on net long-term capital gains is 20%. d. The trust can adopt the FIFO method for its inventory assets; the grantor had been using lower of cost or market. e. The trust can use a tax year other than the calendar year. f. Amount of personal exemption.