On 23 September 2019, a discretionary trust was created in terms of the will of Mrs Kotze. The discretionary trust was created for the sole benefit of her two grandchildren, Alex and Clara, who is currently 25 years and 15 years old, respectively. All the parties involved are South African residents. The current year of assessment ended on 28 February 2023. The discretionary trust had the following assets: - Mrs Kotze bequeathed a substantial amount of cash to the trust, which the trustees of the trust deposited at a local bank. Local interest of R60 000 was earned on this cash balance during the current year of assessment. - During the current year of assessment, Maria, the mother of Alex and Clara, donated a fixed property to the trust. Net rental of R210 000 was earned from the fixed property during the current year of assessment. During the 2023 year of assessment, the trustees exercised their discretion and distributed R50 000 to Alex and R90 000 to Clara, and remuneration of R40 000 was paid to the trustees. No beneficiary has a vested right to the retained income until the trustees exercise their discretion. 1.3. Calculate the tax liability of the discretionary trust for the 2023 year of assessment