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How much income must laura recognize

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Five years ago, Anna Corp. granted Susan nonqualified stock options to buy 1,000 shares of Anna Corp. stock at $22 per share exercisable for six years. At the date of grant, the stock was selling for $19 per share. Susan exercised the options this year when the market price was $28 per share. How much income must Laura recognize from the exercise of the options?

Reference no: EM132478080

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