He gave his wite 100 common shares ot Underground Airways Ltd., a public company which had cost him $30 per share several years ago. At the time of the gift, the fair market value of the shares was $50 per share. The shares pay an annual dividend of $2 per share. His wife plans to reinvest the dividends in more shares of the company. If and when she sells the shares, she will reinvest the proceeds in shares of other corporations. (9 minutes)