! Required information [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.) Capital Asset L stock M stock N stock O stock Antiques Rental home Market Value Tax Basis Holding Period $ 54,400 $ 43,200 > 1 year 32,400 41,200 > 1 year 34,400 24,200 < 1 year 30,400 35,200 < 1 year 11,400 6,200 > 1 year 304,400* 92,200 > 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 $24,400 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2022 assuming they file a joint return? Gross tax liability