Assume Mr. A was hired by GBC co. several years ago and GBC is a CCPC.

In 2016, Mr. A was given options to buy 433 shares of GBC's stock at a price of $32.53 per share. At the time the options were issued, the shares were trading at $32.53 per share.

On June 1, 2021, Mr. A exercised all of his options. At the time of exercise, the shares were trading at $36.33 per share. He sold the shares on December 20, 2021 for $34.34 per share. Regarding Mr. A's stock option benefit...

Indicate the effect on Mr. A's net employment income (Round to the nearest dollar amount).