During the current year, an inter vives trust receives the following income

Interest

Eligible dividends

Capital gains

$30,000

20,000

12.000

One half of the income is paid to a beneficiary of the trust, Gail Booker, a 22-year-old student, with no other source of income. The remainder of the income is retained by the trust. The trust designates the source of the income paid to the beneficiary as follows: interest $15,000, eligible dividends $10,000 and capital gains $6,000.

Determine the net income, taxable income and federal tax payable for both Gail and the trust.