Clipboard Font Alignment Omar received 280 NQOs (each option gives Omar the right to purchase 10 shares of Cutter Corporation stock for $20 per share) at the time he started working for Cutter Corporation three years ago. Cutter's stock price was $20 per share. Omar exercises all of his options when the share price is $35 per share. Two years after acquiring the shares, he sold them at $54 per share. What are Omar's income recognized and taxes due on the grant date, exercise date, and sale date, assuming his ordinary marginal rate is 30 percent and his long-term capital gains rate is 15 percent? Taxes Due (specify Income Recognized (specify ordinary or capital gains) ordinary or capital gains)