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Check my we same ume the income generating the tax is recognizea. Also assume the following facts: (Leave no ans blank. Enter zero if applicable.)

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Check my we same ume the income generating the tax is recognizea. Also assume the following facts: (Leave no ans blank. Enter zero if applicable.) answer The after-tax discount rate for both Harmer Inc. and its employees is 10 percent. The corporate tax rate is 21 percent. The personal (employee) ordinary income rate is 37 percent. The personal (employee) long-term capital gains rate is 20 percent The exercise price of the options is $7. The market price of Harmer at date of grant is $5. . The market price of Harmer at date of exercise is $25. The market price of Harmer at date of sale is $35. Answer the following questions: b. Assuming Harmer Issues NQOs, what is Harmer's tax benefit from the options for each employee in the year each employee exercises the NQOS? (Round your final answer to nearest whole dollar amount.) Tax benefit

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