Mrs. Y owns 1,800 shares of Acme common stock, which she purchased for $10 per share in 2002. In October, she decides to sell her Acme stock for the market price of $27 per share, the highest price at which the stock has traded in the last 22 months. A friend advises her to hold the Acme stock until next January so that her gain from the sale will be taxed next year rather than this year.