Cory recently sold his qualified small business stock for $$97,000$ after holding it for $10$ years. His basis in the stock is $$33,000.$ Applying the rules as if the stock were acquired in $2023$ and assuming his marginal tax rate is $32$ percent, how much tax will he owe on the sale?

$2023$ Tax Rate Schedules

Individuals

$\backslash$table$[[$Schedule $x-$Single,Sehedule Z$-$Ilead of Household$],[$If taxable income is orer:,But not over:,The tax is:$,$If taxable income is over:,But not over:,The tax is:$],[$$$,0,$$$11,000,10\%$ of taxable income,$0,$$ $15,700,10\%$ of taxable income$],[$$ $500,$$$44\mathrm{.}725,$$$1,100$ plus $12\%$ of the excess over $$11,000,$$ $15,700,$$$59,850,$$$1,570$ plus $12\%$ of the excess over $$15,700$