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The gumdrop Trust was ceated by the will of Misty Gumdrop. It has three beneficiaries:...

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Accounting

The gumdrop Trust was ceated by the will of Misty Gumdrop. It has three beneficiaries: Adam, Bella, and Craig. In 2022, the trust received net income of $22,000. It distributed $5,000 each to the three beneficiaries and $17,000 to Your City Animal Shelter. What kind of trust is the Gumdrop Trust

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