Asok's AGI for 2016 is $133,050. Included in this AGI is a $45,000 25% long-term capital gain and a $13,000 0%/15%/20% long-term capital gain. Asok is single, uses the standard deduction, and has only his personal exemption.

Click here to access the tax rate schedules to use for this problem.

When computing the tax on the gain, calculate each part separately, rounding interim calculations to two decimal places. Then, round your final answer for the tax to the nearest dollar. Asok's taxable income is $??? , the tax liability using the alternative tax approach is $??? , and the tax savings from the alternative tax on net capital gain is $???.