1) Allen recently received 500 shares crazy of restricted stock from his employer, Crazy Corporation, when share price was $5 per share. Allen's restricted share shares vested three years later when the market price was $12. Assuming a marginal tax rate of 32% on the vesting date, what is the amount of Allen's income, the character of the income and his tax liability assuming no section83b election was made? 2) Allen held the share for a little more than a year and sold them when the market price was $15 and his marginal rate was 35%. What is the amount of income, character of income and tax liability at the sale assuming no section83b was made? 3) Allen recently received 500 shares crazy of restricted stock from his employer, Crazy Corporation, when share price was $5 per share. Allen's restricted share shares vested three years later when the market price was $12. Assuming a marginal tax rate of 32% on the vesting date, what is the amount of Allen's income, the character of the income and his tax liability assuming a valid section83b election was made? 4) Allen held the share for a little more than a year and sold them when the market price was $15 and his marginal rate was 35%. What is the amount of income, character of income and tax liability at the sale assuming a valid section83b was made?