Assume that on January 1 yeart ABC Incorporated issued 9,400 stock options with an estimated value of $13 per option Each option unities 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 9.400 stock options were exercised in year 3 when the ABC stock was valued at $35 per share. Identify ABC's year 12 and 3 tax deductions and book-tax differences indicate os favorable or unfavorable and as permanent or temporary) associated with the stock options under the following alternative scenarios Required: a. The stock options are incentivestock options b. The stock options are nogalified stock options Complete the following table for all requirements, leave no answer blank. Enter zero if applicable and select "NA" no effect) Answer is complete but not entirely correct. Year Book. Favorable Temporary dientes Urfavorable Permanent Year 1 Favorable Unfavorable boortaa Year Favorable Unfavorable Temporary Permanent Tamponary Book Tas differences Permanent OS 00 table 3 Under ASC 718 a Incentive Stock Option Nonguiled Stoor Options Bemporary ces) b Nongled Stock Options pemanent differences Unfavorable Unfavorable Permanent Temporary NA 25.000 Linfavorable NA Permanent O 5 245.000 Temporary 5 25,000 favorable 5 NA NA Os 0 NA NA 00 Favorable Temporary