Shimmer Inc. is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets: Asset Building Sparkle Corporation stock Sales Price Cost $ 756,000 $735,000 228,000 284,000 Accumulated Depreciation $33,000 n/a Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $823,000. What are Shimmer's taxable income and tax liability for the year? (Assume a Corporate income tax rate as 21%.) Taxable income Tax liability