Which of the following statements is INCORRECT regarding dividend income earned by a trust? A. The dividend income can be distributed to the beneficiaries, who will use the same gross-up and tax credit procedures used by individuals B. The dividend income can be retained by the trust, and the grossed-up amount is included in the trust's Not Income for tax purposes C. The dividend incomo can be retained by the trust, but the gross-up procedures do not apply, and the actual amount of the dividend is included in the trust's Not Income D. The capital dividends received by a trust are not subject to tax. OOO