In 2015, Tom and Amanda Jackson (married filing jointly) have $200,000 of taxable income before considering the following events: (Use the tax rate schedules.)

a)	On May 12, 2015, they sold a painting (art) for $110,000 that was inherited from Grandma on July 23, 2013. The fair market value on the date of Grandmas death was $90,000 and Grandmas adjusted basis of the painting was $25,000.
b)	Applied a long-term capital loss carryover from 2014 of $10,000.
c)	Recognized a $12,000 loss on 11/1/2015 sale of bonds (acquired on 5/12/2005).
d)	Recognized a $4,000 gain on 12/12/2015 sale of IBM stock (acquired on 2/5/2015).
e)	Recognized a $17,000 gain on the 10/17/2015 sale of rental property (the only 1231 transaction) of which $8,000 is reportable as gain subject to the 25 percent maximum rate and the remaining $9,000 is subject to the 20 percent maximum rate (the property was acquired on 8/2/2009).
f)	Recognized a $12,000 loss on 12/20/2015 sale of bonds (acquired on 1/18/2015).
g)	Recognized a $7,000 gain on 6/27/2015 sale of BH stock (acquired on 7/30/2006).
h)	Recognized an $11,000 loss on 6/13/2015 sale of QuikCo stock (acquired on 3/20/2008).
i)	Received $500 of qualified dividends on 7/15/2015.

Calculate the Jacksons 2015 tax liability. (Do not round intermediate calculations.)