Beth and Jeff Jones are married and file a joint tax return. Jeff works as a sales person for a pharmaceutical company and earns a salary of $120,000. Beth is a teacher at a local elementary school and earns $65,000 per year. The couple does not itemize deductions. Other than salary, the Jones' only other source of income is from the disposition of various capital assets (mostly stocks). What is the Jones' tax liability for 2019 if they report the following capital gains and losses for the year?

Long-term capital gains = $20,000

Long-term capital losses = ($6,000)

Short-term capital gains = $8,000

Short-term capital losses = ($4,000)

a) $29,149

b) $35,809

c) None of the choices are correct.

d) $30,029

e) $27,929