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During the current year, Ron and Anne sold the following assets: $($Use the dividends and capital gains tax rates and tax rate schedules.$)$

Capital Asset Market Value Tax Basis Holding Period

L stock $ $52,600$ $ $42,300>1$ year

M stock $30,60041,600>1$ year

N stock $32,60023,300<1$ year

O stock $28,60035,600<1$ year

Antiques $9,6005,300>1$ year

Rental home $302,600*91,300>1$ year

$*$$$30,000$ of the gain is $25$ percent gain $($from accumulated depreciation on the property$).$

Ignore the Net Investment Income Tax.

a$.$ Given that Ron and Anne have taxable income of only $$18,700($all ordinary$)$ before considering the tax effect of their asset sales, what is their gross tax liability for $2023$ assuming they file a joint return?

b$.$ Given that Ron and Anne have taxable income of $$402,600($all ordinary$)$ before considering the tax effect of their asset sales, what is their gross tax liability for $2023$ assuming they file a joint return?