The entity reports the foliowing transactions for the 2022 tax year. The trustee accumulates all accounting income for the year. Click here to access tax table for this problem. Carryout the tax computations to two decimal places and round the final tax Hability to the nearest dollar. Compute the Federat income tax liability for the Valerio Trust by providing the folloving amounts: The amount of the trustee's gross income taxed at 20% for the Valerio Trust is $ The Trustee taxable income taxed at ordinary rates for the Valerio Trust is 5 The Federal income tax liability for the Valerio Trust is 5 Fecdtack F check My Work Congress's desire to stop trusts from being used as income-shifting devices has made the trust entity the highest-taxed taxpayer in the Code. The entity reaches the 37 percent marginal Federal income tax rate in 2022 once taxable income exceeds $13,450, so the grantor's ability to shift