Response to the following problem:
In the current year, Jeanette, an individual in the 25% marginal tax bracket, recog- nized a $20,000 long-term capital gain. Also in the current year, Parrot Corporation, a C corporation in the 25% marginal tax bracket, recognized a $20,000 long-term capital gain. Neither taxpayer had any other property transactions in the year. What tax rates are applicable to these capital gains?