The Allwardt Trust is a simple trust that correctly uses the calendar year for tax purposes. 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 $660,000 Long-term capital gains, allocable to corpus 198,000 Legal and accounting fees, allocable to corpus 33,000

a. How much income is each beneficiary entitled to receive? $

b. What is the trust's DNI? $

c. What is the trust's taxable income? $

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