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Phll created a 5600,000 trust for his 5 grandchildcen in 2022. As truistee. he has the power to determine the amount of distributions each year,

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Phll created a 5600,000 trust for his 5 grandchildcen in 2022. As truistee. he has the power to determine the amount of distributions each year, for each grandehild. Phill dies in 2023 after making $25,000 of distributions to the grandchildren i\$5,000 each. The trust valiae is $700,000 at the time of his death. What is the volue of the trust included in his ertate? 500000 500000 525000 3625000

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