Tyler Corporation began business in 2020 and has never sold…

Tyler Corporation began business in 2020 and has never sold a §1231 asset. Tyler owned each of the assets for several years. In 2024, Tyler sold the following business assets: Asset Cost Accumulated Depreciation Amount Realized Machinery $ 31,000 $   9,000 $ 36,000 Computers $ 11,000 $   5,000 $   2,000 Building $ 90,000 $ 20,000 $ 68,000 Assuming Tyler Corporation’s marginal tax rate is 21%, what effect do the gains and losses have on Tyler Corporation’s end of year tax liability?