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dontdon't copy chegg answer The RoughEdge Trust reports $45,200 of net investment income (NII)...

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Accounting

dontdon't copy chegg answer
The RoughEdge Trust reports $45,200 of net investment income (NII) & $60,000 in net profits from an active business operation for 2022. RoughEdge retains all of the business profits but, under the terms of the trust agreement, distributes $17,400 cash from the NII to its sole beneficiary Elana.
Round your final answer to the nearest dollar.
The trust's liability under the additional tax on NII is $_________.

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