QUESTION 2.21 (Comprehensive, inter vivos trust) During the 2021/22 tax year, Porter Chrystan created the Blind Trust, an inter vivos trust to provide services to his psychiatry practice. The net income of the trust for the 2021/22 tax year was $270,000. The trust is to be distributed as follows: Josh (aged 43) 50% Marise (aged 62) 10% . Scott (aged 18) 15% Barnaby (aged 17) 10% The balance is to be accumulated and applied at the trustee's discretion for the beneficiaries. There were two discretionary distributions made: . $6,000 was paid towards Barnaby's education. $9,000 was paid to Ford Credit to pay off a debt incurred by Scott who is currently under medical supervision as he has been pronounced insane. Barnaby worked at Hillbilly Pizza for 8 hours per week and derived gross wages of $5,000 (PAYG tax withheld $440) during the year. He also received income of $7,000 from a deceased estate (including franking credits of $400). Prepare a schedule (covering all beneficiaries) nominating: Name of the BENEFICIARY . Whether or not the beneficiary is PRESENTLY ENTITLED Whether or not the beneficiary is under a LEGAL DISABILITY Which SECTIONS of the Act apply to make the income assessable WHO IS ASSESSED on each amount . The AMOUNT retained or distributed Calculate tax payable by the trustee. Calculate tax payable by Barnaby.