The Allwardt Trust is a simple trust. Its income beneficiaries (Lucy and Ethel) are entitled to the trust's annual accounting income in shares of one-half each.

For the current tax year, Allwardt reports the following.

Ordinary income $375,000

Long-term capital gains, allocable to corpus 112,500

Trustee commission expense, allocable to corpus 18,750

How much income is each beneficiary entitled to receive?

How much gross income is reported by each of the beneficiaries?