Jadais a singletaxpayerhoexpects have marginabxrateof 39% and a (capitagain rateof 19% for2020and2021 In Mayof 2020jadasoldstocknXYZ Corporationfor$29,4 00Thestock hadbeerpurchased Novemberf 2019for$41,80On thelastseveral weekof 2020jadahasidentified newinvestmeopportunitywhich shewouldiketoinvestSheneed$4 0,00 fortheinvestmenttutshedoes not have the cash available currently. As a result, she is considering selling oneof twoassetto providehecas shewill need Asset: Machinerthats usedn herbusinessadaestimates thathemachineryill sellfor$4 2,000Shepurchasede machinery 2017for$56,800Duringhetimethatshehasheld themachineryhehastakendepreciation$23,000 AsseB: Landthats usedn herbusinessadaestimatebathe landwouldsellfor$41,800Shepurchasededandin201for $29,000 In additiono havinglexibility verchoosing hichassetosell Jadaalso hasflexibility verthetiming fthesaleShecaneithechooseoselleither assebeforehecloseof thetaxyearorshecouldvaituntilthebeginningf the following tax year. She just needs to have the cash for her new investmebytheendofJanuaryf2021 Jadadoesn believehaterbusinessill besubstantiallypactebythe saleofeitheassetShebelievethatshewill beabletoidentify buyefor either asset rather easily. For purposes of this analysis, you may ignore any costofeffectuatingesaleandassumthatnygainorlossonthesale will notimpacthetaxbracketdetailedbove