Determination of Taxable Income and Tax Liability. Suellen Symmes died on January 15,2022 . Her estate elected a November 30 year end. The executor projects that the estate will receive interest income of $50,000 by November 30,2022 , and will have no other gross income. In addition, it will have no deductions other than the personal exemption. The beneficiary of the estate is Thomas Symmes, a calendar year taxpayer who is projected to have $210,000 of taxable income in 2022, not including any distributions from the estate. Compare the overall tax costs for the estate and Thomas if (1) the executor distributes $37,250 to Thomas prior to November 30,2022 , or (2) the estate makes no distributions before November 30, 2022. Thomas is unmarried and files as a single taxpayer