gross sales from business 1,200,000, deductible business expense 700,000, trust sold shares during the year that resulted in capital gain (after 50% discount) $40,000, interest credited to term deposit 2,500. on 30 June the trustee reslved to distribute 60% of the net income to jami (resident aged 45) and 35% of net income to Julia (foerign resident aged 40) the remaining amount of ne tincome was to be retained in the trust for investment in reallation to share of net income to Jamie which would becorect]