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The entity reports the following transactions for the 2022 tax year. The trustee accumulates all accounting income for the year. Operating income from a business

The entity reports the following transactions for the 2022 tax year. The trustee accumulates all accounting income for the year. Operating income from a business $885,000 Dividend income, all from U.S. corporations (20% tax rate) 53,100 Interest income, City of San Antonio bonds 7,080,000 Trustee fees, deductible portion (26,550) Net rental losses, passive activity (177,000) Click here to access tax table for this problem. Carryout the tax computations to two decimal places and round the final tax liability to the nearest dollar. Compute the Federal income tax liability for the Valerio Trust by providing the following amounts: The amount of the trustee's gross income taxed at 20% for the Valerio Trust is $fill in the blank 1 53,100 . The Trustee taxable income taxed at ordinary rates for the Valerio Trust is $fill in the blank 2 . The Federal income tax liability for the Valerio Trust is $fill in the blank 3 . Feedback Area Feedback Congress's desire to stop trusts from

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