Required information [The following information applies to the questions displayed below During the current year, Ron and Anne sold the following assets: (Use the dMdends and capitalgains tax rates and Capital Asset Market Value Tax Basis Bolding Period L stock M stock N stock 0 stock Antiques Rental home 50,600 28,600 30,600 26,600 7,600 300,600 41,300 39,300 22,300 33,300 4,300 90,300 year >1 year 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 $20,600 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2018 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) Gross tax liability b. Given that Ron and Anne have taxable income of $400,600 (all ordinary) before considering the tax effect of their asset sales, what s their gross tax liability for 2018 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) Gross tax