Heidi invested in a mid-sized local company with gross assets of $17,000,000. Heidi purchased 2,000 shares for $44,000 in 2001. In the current tax year, Heidi sold the stock for $84,000. How is the gain treated for tax purposes? Multiple Choice $40.000 capital gain and taxed at preferential rates $20,000 excluded from gross income under Section 1202 with the remaining gain recognized and taxed at regular rotes $20.000 excluded from gross income under Section 1202 and $20,000 taxed at 20% $20.000 excluded from gross income under Section 1202 ond $20,000 taxed at preferential capital gains rates