Aruna, a sole proprietor, wants to sell two assets that she no longer needs for her business. Both assets qualify as $1231$ assets. The first is machinery and will generate a $$24,7501231$ loss on the sale. The second is land that will generate a $$12,5001231$ gain on the sale. Aruna$$s ordinary marginal tax rate is $32$ percent. $($Input all amounts as positive values.$)$

a$.$ Assuming she sells both assets in December of year $1($the current year$),$ what effect will the sales have on Aruna$$s tax liability?