[ANSWERED] Computing the Sales Price. An investor in a 32 % tax bracket and a 15% rate on ANCG owns land that..

Computing the Sales Price. An investor in a 32 % tax bracket
and a 15% rate on ANCG owns land that is a capital asset with a $50,000 basis
and a holding period of three years. The investor who is single wishes to sell
the asset at a price high enough so that he will have $120,000 in cash after
paying the income taxes.
a. What is the minimum price the investor could accept?
b. What is the minimum price the investor could accept if
all the gain is subject to the Medicare tax on net investment income?