Question: Exercise 20-15 (Algorithmic) (LO. 2) The Bildge Trust is a simple trust. Crawford is its sole beneficiary. In the current year, the trust earns $30,850

Exercise 20-15 (Algorithmic) (LO. 2) The Bildge Trust is a simple trust. Crawford is its sole beneficiary. In the current year, the trust earns $30,850 in taxable interest and $77,125 in tax-exempt interest. In addition, the trust recognizes a $900 long-term capital gain. The trustee charges a fee of $19,281 for the year. a. Compute trust accounting income, where the trust agreement allocates fees and capital gains to corpus. $ b. Compute trust accounting income, where the trust agreement allocates fees to income. c. Construct a Microsoft Excel formula that will generate the correct answer to both parts (a) and (b)

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