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What is taxable income for the current year assuming no distributions were made? Taxable Interest Received: $ 4 0 , 0 0 0 Dividend Income:

What is taxable income for the current year assuming no distributions were made?
Taxable Interest Received: $40,000
Dividend Income: $ 10,000
Tax Exempt interest Received: $80,000
Fiduciary Fees Paid: $ 7,000

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