In 2012, Francois Landry, resident of Louisiana, funded the Landry Trust. The trust instrument stated that the beneficiaries of the trust shall be all the children of Claudette Landry Mercier, who is the adult daughter of Francois. The trust is to distribute income in the trustee's discretion until a child attains age 21. The instrument further stated, "The interest of each beneficiary shall be held and considered as a separate trust." In 2012, Claudette had only one child, Henri, age 2. In January 2018, Claudette gave birth to triplets. In 2018, the trust collected $80,000 of dividends and distributed $8,000 to Henri. Your supervisor requested that you research and prepare a memo concerning whether $80,000 should be reported as gross income on one trust return or whether there should be four trust returns, each reporting income of $20,000 per trust.