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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 Ostock Antiques Rental home Market Value $ 50, 600 28,600 30, 600 26,600 7,600 300,600 Tax Basis $41,300 39,300 22,300 33,300 4.300 90,300 Holding Period > 1 year > 1 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 2019 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) Gross tax liability Tas Rates for Net Capital Gains and Qualified Dividends Taxable income Rate Married Wing Jointly Married Wing Separately Single Head of Housche Trusts and states So $78,750 30.5.19.375 $0-$19.375 0.352.750 50-52A50 1556 $78,751 - $488 SOT $19,176.5244 425 $39,376 - $434.550 $$1,751 - $461,700 2 - 51200 5488 S . 5344436 551 06.01. $12.951 *This rate applies to the nel capital gain and qualified dividends that fall within the range of humable income specified in the sale el capital gains and qualified dividends are included in t for this purpose he com