The Allwardt trust is a simple trust that correctly uses the calendar year as the fiscal 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 $100,000, Long-term capital gains, allocable to corpus 30,000, Trustee commission expense, allocable to corpus 5,000. Use the format Figure 20.3 to address the following items. a) How much income is each beneficiary entitled to receive? b) What is the trust DNI? c) What is the trusts taxable income? d) How much gross income is reported by each of the beneficiaries?