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Baek recently received 2,130 shares of restricted stock from an employer, Holiday Corporation, when the share price was $11 per share. Baek's restricted shares vested
Baek recently received 2,130 shares of restricted stock from an employer, Holiday Corporation, when the share price was $11 per share. Baek's restricted shares vested three years later when the market price was $15. Baek held the shares for a little more than a year and sold them when the market price was $13. What is the amount of Baek's income or loss on the sale?
Multiple Choice
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$0.
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$4,260 gain.
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$2,130 loss.
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$4,260 loss.
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