Question 20 of 75 Telicia, a single taxpayer, purchased a famous painting for $69,000. Several years later, she sold it for S99,000. Telicia's marginal tax rate is 35% Telcin gain onthe sale of the painting will be taxed at a rate of 028% Question 19 of 75 Which of the following costs should NOT be included in an asset's basis when used in the construction of the asset? O Land O owners labor. O Contractor labor. O Architect fees Mark for follow up