In her will, Ida left to Emily — $50,000, to Mark — a boat, and to Kate — $20,000 which must be paid from the proceeds after the sale of Ida's General Motors stock. Ida gave Emily $20,000 with the intent that such payment is in lieu of the legacy. Ida's boat has been destroyed in a storm, and Ida sold her General Motors stock. Discuss what legacy Ida left to Emily, Mark, and Kate, and what they received after Ida's death.