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Arnold exercised an incentive stock option in 2017, acquiring 1,900 shares of stock at an option price of $105 per share. The FMV of the
Arnold exercised an incentive stock option in 2017, acquiring 1,900 shares of stock at an option price of $105 per share. The FMV of the stock at the date of exercise was $155 per share. In 2019, the rights became freely transferable and were not subject to a substantial risk of forfeiture. Arnold sells the shares in 2020 for $231 per share.
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How do these transactions affect his AMTI in 2017, 2019, and 2020? (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required.)
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