Question 6 options: Ernie is a capital and income beneficiary of the Ernest Hairingway family trust. The trust earns $40,000 in taxable capital gains in the year, pays $2,000 in trustee fees to manage investments. The trust requires that Ernie receive 100% of taxable income from the trust. What type of income will Ernie receive this year? What amount of income will Ernie receive this year if 100% of the trust net income is allocated?