6. Brandon, an individual, began business four years ago and has sold 1231 assets with $5,650 of losses within the last 5 years. Brandon owned each of the assets for several years. In the current year, Brandon sold the following business assets:

Asset	Original Cost	Accumulated Depreciation	Gain/Loss
Machinery	$31,300	$8,300	$10,650
Land	$53,000	$0	$26,500
Building	$116,00	$33,000	($18,000)

Assuming Brandon's marginal ordinary income tax rate is 32 percent, what effect do the gains and losses have on Brandon's tax liability?