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	$645,000
Long-term capital gains, allocable to corpus	193,500
Trustee commission expense, allocable to corpus	32,250

a. How much income is each beneficiary entitled to receive? $ 322,500

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? $