5) Piper works for Moon Co., which is a public corporation. Piper was granted a stock option three years ago to purchase shares at $15 per share from the company when the fair market value was $17 per share. Piper exercised the option this year and purchased 500 shares. Th fair market value at that time was $21 per share. What is Piper's tax treatment of this optior A) \$1,000 taxable benefit and no security option deduction B) $1,000 taxable benefit and a 50% security option deduction C) $3,000 taxable benefit and no security option deduction D) $3,000 taxable benefit and a 50% security option deduction