Please show the steps to get this answer. Thank you

Mrs. Franklin, who is in the 39.60 percent tax bracket, owns a residential apartment building that generates $116,000 annual taxable income. She plans to create family partnership by giving each of her two children a 20 percent equity interest in the building. (She will retain a 60 percent interest.) Mrs. Franklin will manage the building, and value of her services is $36,000 per year. If Mrs. Franklin's children are in the 15 percent tax bracket, compute the tax savings from this income-shifting arrangement. (Ignore any payroll tax consequences.)

Answer: Tax Savings from this income shifting arrangement _______________