Without considering the following capital gains and losses, Celia, who is single, has taxable income of $630,000 and a marginal tax rate of 37%. During the year, she sold stock held for nine months at a gain of $12,000; stock held for three years at a gain of $19,000; and a collectible asset held for six years at a gain of $16,000. Ignore the effect of the gains on any threshold amounts. (Click the icon to view the Preferential Rates for Adjusted Net Capital Gain (ANCG) and Qualified Dividends.) Read the requirements Requirement a. What is her taxable income and the increase in her income tax liability after considering the three gains? Her taxable income is What is the increase in her income tax liability after considering the three gains? First select the label for the applicable category of gains, then enter the taxable amount. In the last column compute the tax for each category and the increase in tax liability. (Abbreviations used: ANCG Adjusted net capital gains, LTCG Long-term capital gain, LTCL Long-term capital loss, STCG Short-term capital gain, STCL Short-term capital loss. Enter the net taxable amount for each category.) Category Increase in tax liability Taxable amount Rate Tax