Lorelai's father, Richard, is the Vice President at Gurmon & Driscoll Insurance Corp. He had the following salary and investment activities over $2023$:

g$.$ Salary $$640,000$ and withholding $$139,000$

h$.$ Interest income from corporate bonds of $$3,000$ and state municipal bonds of $$2,000$

i$.$ In March $2020$ Richard bought $100$ shares of Super Micro Computer, Inc. $($$$16$ per share$).$ In August $2022$ he purchased $100$ more shares $($$$60$ per share$).$ In November $2023$ he sold $120$ shares $($$$288$ per share$).$ He wants to use whichever allowable method to compute basis that will minimize the taxable gain in $2023.$

j$.$ In July $2021$ Richard purchased $50$ shares of Minim Inc $($$$109$ per share$).$ Since then the company has continued to decline in share value. In September $2023$ he decided to cut his losses and sell all $50$ shares $($$$1$ per share$).$

k$.$ Richard is invested in a Real Estate Investment Trust $($REIT$),$ which paid out $$12,500$ in nonqualified dividend income.

l$.$ Richard's investment in The Procter & Gamble Company paid out $$5,200$ in qualified dividends this year.

m$.$ Over the year Richard and Emily had qualified itemized deductions of $$105,000($including $$45,000$ deductible mortgage interest; $$10,000$ deductible total taxes; and $$50,000$ deductible contributions to charitable orgs$).$

Please compute Richard's income tax due or tax refund on his tax income workpaper tab. You can assume that he files MFJ with his wife, Emily, and that she has no additional income for the year.

If you cannot clearly show your work on the main workpaper, please add another tab.

Make sure you complete all highlighted cells