Facts: Diversified Industries has been owned by the Gray family for three generations. The Gray family has received an offer from a large public company to buy Diversified Industries. The sale price is $400 million and will be paid in cash at closing. The board of directors and management have accepted a Letter of Intent from the acquirer and are negotiating the terms. An informal poll of the family found that family members owning about 80% of the shares are strongly in favor of selling Diversified. Closing of the deal will happen the last week of December. Linda Gray is the CEO of Diversified and owns 25% of the shares in her sole name. Her cost basis in those shares is $20,000,000. She also has a publicly traded stock portfolio worth $10 million, $2 million of which is Apple stock, which has a cost basis of $150,000, and $1 million of which is Tesla stock, with a cost basis of $75,000. Note that she loves both of these stocks and thinks they will go higher and, thus, doesn't want to sell them