Assuming the same information as in #6, what are Blakes income tax consequences upon exercise per share?

	a.	$0 W-2 income, $27 positive AMT adjustment.
	b.	$0 W-2 income, $17 positive AMT adjustment.
	c.	$17 W-2, $27 positive AMT adjustment.
	d.	$27 W-2, $0 positive AMT adjustment.

#6 for reference

1. On January 15, Year 1, Blake, a Senior Vice President for Acme Corporation, is granted 2,000 ISOs at an exercise price of $10. On February 6, Year 2, he exercises all his options immediately upon vesting when the price of Acme stock is $27. He sells the shares three years later, when Acme stock is trading at $47 per share. What is his long-term capital gain per share upon sale?

   	a.	$47
   	b.	$37
   	c.	$27
   	d.	$20