Problem 7-48 (LO 7-2) (Algo) [The following information applies to the questions displayed below.] During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) *\$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. oblem 7-48 Part-b (Algo) Given that Ron and Anne have taxable income of $405,000 (all ordinary) before considering the tax effect of their asset sales, what their gross tax liability for 2023 assuming they file a joint return? Problem 7-48 (LO 7-2) (Algo) [The following information applies to the questions displayed below.] During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) *\$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. Problem 7-48 Part-a (Algo) . Given that Ron and Anne have taxable income of only $17,500 (all ordinary) before considering the tax effect of their asset sales, That is their gross tax liability for 2023 assuming they file a joint return? Tax Rates for Net Capital Gains and Qualified Dividends *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified a income last for this purpose). Schedule V-1-Married Filino. Inintlv or Oualifvino survivino snouse