Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $12 per share) at the time she started working for MNL Corporation four years ago when MNLs stock price was $8 per share. Now that MNLs stock price is $40 per share, she intends to exercise all of her options. After acquiring the 1,000 MNL shares with her options, she held the shares for over one year and sold them at $62 per share. What are Cammies tax consequences on the exercise date assuming her ordinary marginal rate is 32 percent and her capital gains rate is 15 percent?