During 2002, a firm has sold 5 assets described below. Calculate the tax liability on the assets. The firm pays a 40 percent tax rate on ordinary income. 
Definitions:
Worldview
The fundamental cognitive orientation of an individual or society encompassing the entirety of the individual or society's knowledge and point of view.
Vocational Goals
Career objectives or employment outcomes an individual aims to achieve, often related to their skills, interests, and values.
Social Status
The position or rank of a person or group within the society based on wealth, occupation, education, or family lineage.
Terminally Ill
Refers to a person suffering from a disease or condition that is incurable and expected to lead to the death of the individual.
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