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Lily Tucker (singie) owns and operates a bike shop as a sole proprietorship. In 2027 . she sells the following long-term assets used in her

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Lily Tucker (singie) owns and operates a bike shop as a sole proprietorship. In 2027 . she sells the following long-term assets used in her business: Lily's taxable income before these transactions is $193,700. What are Lilys taxable income and tax llabinty for the year? Use tix Rate Schedule for reference. Note: Do not round intermediate colculations. Round your final answers to the nearest whole dollar amount

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