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se the following information to complete the chart below, indicating the Calvet Trust's entity accounting income for each of the alternatives. Interest income, taxable $300,000

se the following information to complete the chart below, indicating the Calvet Trust's entity accounting income for each of the alternatives.

Interest income, taxable $300,000
Interest income, tax-exempt 30,000
Interest income, tax-exempt but AMT preference item 20,000
Long-term capital gain 40,000
Trustee fee 10,000

Trust Agreement Provisions Trust Accounting Income
Fees and capital gains allocable to corpus $
Capital gains allocable to corpus, one-half of fees allocable to income $
Capital gains allocable to income, silent concerning allocation of fees $
Fees and exempt income allocable to corpus, silent concerning allocation of capital gain/loss

$

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