Problem 2825( L.O. 2,3) The Allwardt Trust is a simple trust that correctly uses the calendar year for tax purposes. Its income beneficiaries (tucy and Ethel) are entitled to the trust's annual accounting income in shares of one-half each. For the current tax year, Allwardt reports the following. The trust instrument allocates the capital gain to income. a. How much income is each beneficiary entitled to recelve? x Feodesck T Check Mr Work A critical value that is used in computing the amount of the entity's distribution deduction is distributable net income (DNT), As it is def Subchapter J, DNI serves several functions. b. What is the trust's DNI? x Feedback T check My Wokk Incomect c. What is the trust's taxable income/loss? The trust's is 4