During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) Holding Period > 1 year > 1 year 1 year > 1 year x Basis $42,800 40,800 23,800 34,800 5,800 91,800 Capital Asset L stock M stock N stock 0 stock Antiques Rental home Market Value $ 53,600 31,600 33,600 29,600 10,600 303,600* *$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. a. Given that Ron and Anne have taxable income of only $23,600 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2019 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) Gross tax liability During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) Holding Period > 1 year > 1 year 1 year > 1 year x Basis $42,800 40,800 23,800 34,800 5,800 91,800 Capital Asset L stock M stock N stock 0 stock Antiques Rental home Market Value $ 53,600 31,600 33,600 29,600 10,600 303,600* *$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. a. Given that Ron and Anne have taxable income of only $23,600 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2019 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) Gross tax liability