The Wolfson Trust generated a net operating loss this year of $60,000. The trust will terminate in seven more years. How much of this loss can the Trust, its sole income beneficiary. Diane, or its sole remainder beneficiary. Duke, deduct this year? Neither beneficiary gets a deduction this year Diane deducts $60,000 Duke deducts $60,000Diane and Duke each deduct $30,000 Diane, Duke, and the Trust each deduct $20,000