k. The real estate partnership made a distribution of income in the amount of $22,000 to the trust. l. A semiannual interest payment on the bonds was received by the trust. m. The trustee paid $6,000...

k. The real estate partnership made a distribution of income in the amount of $22,000 to the trust.

l. A semiannual interest payment on the bonds was received by the trust.

m. The trustee paid $6,000 of taxes on trust income.

n. IBM stock with a basis of $60,000 was sold for $80,100.

Prepare a schedule to determine the amount of trust principal to be received by the first child to reach the age of 25. The schedule should show the cash balance available at any point in time.