Washington Corporation began business in 2021 and has never…

Washington Corporation began business in 2021 and has never sold a §1231 asset. In 2025, Washington sold the following business assets: Machinery (Amount Realized $36,000 Cost $31,000 A/D $9,000); Building (Amount Realized $68,000 Cost $90,000 A/D $20,000); Computer Equipment (Amount Realized $2,000 Cost $11,000 A/D $5,000). Washington owned each of the assets for several years. Assuming Washington’s marginal tax rate is 21%, what effect do the gains and losses have on Washington Corporation’s end of year tax liability?