Yost received 300 NQOs (each option gives Yost the right to purchase 10 shares of...
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Accounting
Yost received NQOs each option gives Yost the right to purchase shares of Cutter Corporation stock for $ per share At the time he started working for Cutter Corporation three years ago, Cutter's stock price was $ per share. Yost exercised all of his options when the share price was $ per share. Two years after acquiring the shares, he sold them at $ per share.
Note: Input all amounts as positive values. Leave no answer blank. Enter zero if applicable.
Problem Part b Algo
b What are Cutter Corporation's tax consequences amount of deduction and tax savings from deduction on the grant date, the exercise date, and the date Yost sold the shares?
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