7 In 2018, Tom and Amanda Jackson (married Sling jointly) have $204,000 of taxable income before considering the following events (Use the dlhvidends and.captal gains tax rates and tax rate.schedules) a. On May 12, 2018, they sold a painting (art) for $10,500 that was inherited from Grandma on July 23, 2016. The fair market value orn the date of Grandma's death was $90,250 and Grandma's adjusted basis of the painting was $25,300 b. They applied a long-term capital loss carryover from 2017 of $10.050. c. They recognized a $12,025 loss on the 1/1/2018 sale of bonds (acquired on 5/12/2008, d. They recognized a $4,030 gain on the 12/12/2018 sale of IBM stock (acquired on 2/5/2018) e. They recognized a $17120 gain on the 1on7/20sale of rental property me only ST23t transactionj of which Se osos reportable as gain subject to the 25 percent masimum rate and the remsining $9040 is subject to the /15/20 percent maximum rates the property was acquired on 8/2/2012) t They recognized a $12.050 loss on the 12/20/2018 sale of bonds (acquired on 118/2018) h. They recognized an $11,050 loss on the 6/13/2018 sale of QuikCo stock (acquired on 3/20/2011) L They received $520 of qualified dividends on 7/15/2018 Atter completing the required capital gains netting procedures, what will be the Jacksons 2018 tax liability? (Do not intermediate calculations) round MacBook Air 7 command option command