Exercise $20-12($Algorithmic$)($LO$.1)$

The entity reports the following transactions for the $2024$ tax year. The trustee accumulates all accounting income for the yeac:

$\backslash$table$[[$Operating income from a business,$$705,000],[$Dividend income, all from U$.$S$.$ corporations $(20\%$ tax rate$),42,300],[$Interest income, City of San Antonio bonds,$5,640,000],[$Trustee fees, deductible portion,$(21,150)$