As a result of a cancer diagnosis in early 2023, Laura has begun chemotherapy treatments. A cancer specialist has stated that Laura has less than one year to live. She has incurred many medical bills and other general living expenses and is in need of cash. So she is considering selling stock that cost $35,000 and has a fair market value of $50,000. This amount would be sufficient to pay her medical bills. However, she has read about a company (the Vital Benefits Company) that would purchase her life insurance policy for $50,000. She has paid $30,000 in premiums on the policy. a. Considering only the tax effects, would selling the stock or selling the life insurance policy result in more beneficial tax treatment? Assume Laura is diagnosed as "terminally ill". The sale of the stock by Laura will result in i The sale of the life insurance policy will result in of $ X . gain of $ X