answer is correct. need work to explain

The following information applies to the questions displayed below.) During the current year, Ron and Anne sold the following assets: (Use the dicends and capital gains tax rates and tax rate schedules) Capital Asset Market value Tax Basis Holding Period L stock $ 50,000 $.41,000 > 1 year M stock 28.000 39,000 > 1 year N stock 30,000 22.000 1 year Mental hone 300,000 90,00 > 1 year *$30.000 of the gain is 25 percent gain (from accumulated depreciation on the property) Ignore the Net Investment Income Tax Problem 7-48 Part-b (Static) b. Given that Ron and Anne have taxable income of $400.000 (all ordinary before considering the tax effect of their asset sales, what is their gross tax liability for 2021 assuming they file a joint return? Answer is complete and correct. Gross tax ability 128 884 Drew 38 BE Noyt >