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What is the amount of maren bargain element

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Reference no: EM132877290

Problem 1: Maren received 10 NQOs (each option gives her the right to purchase 13 shares of stock for $10 per share) at the time she started working when the stock price was $9 per share. When the share price was $14 per share, she exercised all of her options. Eighteen months later she sold all of the shares for $23 per share. What is the amount of Maren's bargain element?

Multiple Choice

a- $520.
b- None of the choices are correct.
c- $1,820.
d- $650.
e- $0.

Reference no: EM132877290

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