Tormund and Maleficent Jankovich, age-68 and -52, are a married couple with taxable income, properly calculated, of $345,000.During the year, they completed transactions, including:

Qualified dividends$455

Gain on sale of Tandem Diabetic stock(held from

11/10/2018 to 10/31/2019,Cost = $6,400) 2,100

SALE OF BUSINESS (November 27, 2019)Adjusted

Sales price Basis

Building (Cost $41,000)$48,000 $32,000

Land82,000 32,000

Computers and peripherals (Cost = $15,500) 12,000 5,500

Goodwill (internally generated) 50,000-0-

Calculate Tormund and Maleficent's federal income tax for 2019.You may want to review Form 4797 for how these transactions are reported.