[The following information applies to the questions displayed below.j During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) Holding Period Capital Asset L stock Market Value $ 51,400 Tax Basis $ 41,700 > 1 year M stock N stock 0 stock 29,400 39,700 > 1 year 31,400 22,700 < 1 year 27,400 33,700 < 1 year Antiques 8,400 4,700 > 1 year 301,400* 90,700 > 1 year Rental home *$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. Problem 7-48 Part-a (Algo) a. Given that Ron and Anne have taxable income of only $21,400 (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