Assume that on January 1, year 1, ABC Incorporated issued 5,000 stock options with an estimated value of $10 per option. Each option entitles the owner to purchase one share of ABC stock for $25 a share (the per share price of ABC stock on January 1 , year 1 , when the options were granted). The options vest at the end of the day on December 31, year 2. All 5,000 stock options were exercised In year 3 when the ABC stock was valued at \$31 per share. Identlfy ABC's year 1, 2, and 3 tax deductions and book-tax differences (Indicate as favorable or unfavorable and as permanent or temporary) assoclated with the stock optlons under the following alternative scenarlos: Required: a. The stock options are Incentive stock options. b. The stock options are nonqualified stock options. Complete the following table. Note: For all requirements, leave no answer blank. Enter zero If appllcable and select "Not Appllcable" If no effect