LO.1 During the current year, Gnatcatcher, Inc., distributed $100,000 each to Brandi and Yuen in redemption of some of their Gnatcatcher stock. The two shareholders acquired their shares five years ago. Each shareholder is in the 28% tax bracket, and each had a $40,000 basis in her redeemed stock. Brandi incurred $9,000 of tax on her redemption, but Yuen incurred $15,000 on her redemption. Discuss the likely reason for the difference in tax liabilities arising from the stock redemptions.