Pauland Liba are in the 37% tax bracket for ordinary income and the 20% bracket for capital gains (ignore the 38% donax on www for higher income taxpayers.) They have owned several blocks of stock for many years. They are considering the sale of two blocks of stock. These one block would produce again of $13,000 The sale of the other would produce a loss of $20,000 For purposes of this problem, wenn on deductions or credits based on AGI. They have no other gains or losses this year Read the requirements Requirement a. How much tax will they save in the current year if they sell the block of stock that produces a lou? Paul and Lisa will save Requirement b. How much additional tax will they pay if they sell the block of stock that produces a gain? Paul and Lisa will pay an additional Requirement c. What will be the impact on their tuxes if they sell both blocks of stock? Paul and Lisa will The capital loss carryover will be a. b. How much tax will they save in the current year if they sell the block of stock that produces a loss? How much additional tax will they pay if they sell the block of stock that produces a gain? What will be the impact on their taxes if they sell both blocks of stock? C