Shimmer Incorporated is a calendar-year-end, accrual-method corporation. This year, it sells the following long-term assets: Asset Sales Price Building $ 713,000 Sparkle Corporation stock 200,000 Cost $ 697,000 259,000 Accumulated Depreciation $ 43,000 n/a Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $813,000. What are Shimmer's taxable income and tax liability for the year? Description Taxable income Tax liability Amount