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Your client sold an oil painting for $52,600. The artwork was purchased 10 years ago for $10,000. The cost of the sale was 10%. Given

Your client sold an oil painting for $52,600. The artwork was purchased 10 years ago for $10,000. The cost of the sale was 10%. Given that your client is in the 32% bracket for ordinary taxes, then what is her tax liability?

Group of answer choices

$16,832

$10,455

$14,728

$11,949

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