Panther Trust has net accounting income and distributable net income of $100,000, $75,000 from taxable sources and $25,000 from tax-exempt sources. During the year, the trust makes a mandatory distribution to Julius and Steve of $50,000 each. The distribution deduction is
A) $25,000.
B) $50,000.
C) $75,000.
D) $100,000.
C) $75,000.
Business
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