(2) Ms. Client just today sold all of her stock in Startup, Inc., for $2 million. She's asking you how much, if any, gain she'll have to recognize for federal income tax purposes. Additional facts: Startup was incorporated and began business in 2012 with $4 million of paid-in capital. Ms. Client, a/k/a "Shareholder No.4,"purchased her stock on January 2, 2014, for $250,000 from Shareholder No. 3. As of January 2, 2014, Startup had total assets of $25 million. Startup has been actively carrying on a "qualifying" trade or business since its incorporation in 2012. As of today, Startup has total assets of $60 million. On these facts, briefly state (and explain) exactly how you will respond to Ms. Client's