after having the $18,750 whats the next step to get the $6,250?

6 var 5,600 LLO (1,100 12. In 2019 Shaun, who files his federal income tax return as a "single" taxpayer, received wages of $180,000 from his job working in Chicago as a civil engineer and had $40,000 of long-term capital gains from the sale of XYZ Corporation stock. He had no other items of income, no for AGI deductions, and he claimed the standard deduction on his 2019 return. Shaun's net investment income tax liability in 2019 will be: Standard deduction a. $0 $12,200 b. $296 c. $760 d. $1,520 e. $6,000 O 00.00 175 O 12. On January 1, 2019, Michael purchase nuary 1. 2019, Michael purchased an annuity from an insurance company that promised to pay him $25,000 per year for to pay him $25,000 per year for the rest of his life. He received the first $25.000 annual payment on July 1, 2019 when he was 70 years old. Michael paid $300.000 for the annuity. How much gross income will Michael recognize in 2019 in connection with the first annuity payment? 25,000 x16= 400,000 *25.000 OB. $6,250 S C. $12,500 -75*25,000 D. $18,750 18,750 E. $25,000 A. $0 Single like s Anduity (6,250