Complete the calculation for tax liability.

In 2023, Tom and Alejandro Jackson (married filing Jointly) have "04000 of taxable incorne before considering the following events: (use the and a. On May 12. 2023. they sold a painting (art) for $110,500 that WOS from Grandma on 23, 2021. The fair market value on the date of GrandmaS death was $90,250, and adjusted basis o' the painting was $25,100. b. They applied a long-term capital VOSS carryover 2022 of $10,050. C. They recognized a S12.02S loss on the Of bonds (acquired on d. They recognized a Sa.030 gain on the 12/12/2023 sale of IBM stock (NYSE: (acquired on 2/5/2023), e. They recognized a 37.120 gain on the 10/17/2023 sale of rental property (the \1231 transaction). Of Which $8,080 is reportable as gain subject to the 2S percent magimum rate ahd the remaining 9.040 is subject to the O. IS, or 20 percent maximum rates (tho property on 8/2/2017). f. They recognized a $12,050 on the 12t20f2023 Of bonds (acquired on g. They a 9.025 on the 6/27/2023 Of stock (acquired on 7130/2014). h. They recognized an stt050 on the 6/13/2023 sale of stock (acquired on 3/20/2016). i. They received SS20 of qualified d6.,idends on 7/15/2023. Complete the required capital gains netting procedures and calculate tho Jacksons' 2023 tax I'.dbLity.