Corporations, Partnerships, Estates & Trusts Chapter 20: Problems 31. LO.2, 3 Assume the same facts as in Problem 30, except that the trust instrument allocates the capital gain to income. Below are the facts for problem 30 Ordinary income $100,000 Long-term capital gains, allocable to corpus 30,000 Trustee commission expense, allocable to corpus 5,000 Use the format of Figure 20.3 to address the following items. Solution Where is figure 20.3 .

1. Corporations, Partnerships, Estates & Trusts Chapter 20: Problems
31. LO.2, 3 Assume the same facts as in Problem 30, except that the trust instrument allocates
the capital gain to income.
Below are the facts for problem 30
Ordinary income
$100,000
Long-term capital gains, allocable to corpus
30,000
Trustee commission expense, allocable to corpus
5,000
Use the format of Figure 20.3 to address the following items.
Ordinary income $100,000
Long-term capital gains, allocable to corpus 30,000
Trustee commission expense, allocable to corpus 5,000
Solution
Where is figure 20.3