Mr. Fox, a single taxpayer, recognized a $64,000 long-term capital gain, a $14,300 short-term capital gain, and a $12,900 long-term capital loss. Required: Compute Mr. Fox's income tax and Medicare contribution tax if his taxable income before consideration of his capital transactions is $441,000. Use Individual tax rate schedules and Tax rates for capital gains and qualified dividends. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) X Answer is complete but not entirely correct. Amount $ Tax on ordinary income Tax on income taxed at preferential rate 66,150 10,220 Medicare contribution tax 2,485 Total $ 78,855