Carrie and Kelly are in business together and each own 50% of the stock of the firm, which they acquired at formation of the business in 2003. Each shareholder has a basis of $250,000 in the business and each has purchased a life insurance policy on the life of her business partner in the amount of $1 MM, sufficient to acquire the stock of the deceased partner in the event of death per a Cross Purchase Agreement. If Kelly were to die this year, what would the implications be of her passing