Jason and Jill are married and have a six-year-old daughter. During the year, they sell one acre of land for $80,000. Three years ago, they paid $70,000 for two acres of land. Their other income and deductions are as follows:

Jill's commissions	$82,000
Jason's salary	46,000
Dividend income	5,000
Interest income	8,000
Short-term loss on sale of stock in Nippon Inc.	15,000
Deductions for adjusted gross income	28,000

The standard deduction is $12,600 for married taxpayers filing jointly. The personal and dependency exeption is $4,000. Dividends and net long-term capital gains are taxed at a rate of 15%.

Round intermediate calculations to the nearest dollar.

Jason and Jill's taxable income is $ . The tax on their eligible dividends and capital gains is $ and totalincome tax liability is $ for the current year.