Dave is the sales manager of PWK Ltd. In view of his good performance in sales negotiation, he was awarded 10,000 shares in the company on 10 April 2019. The shares were vested on him on 10 April 2020. He sold all these shares on 16 April 2020. The shares were quoted on the stock exchange at the following prices:

10 April 2019 $20

10 April 2020 $23

16 April 2020 $22

Daves assessable income from these 10,000 shares for the year of assessment 2019/20 is:

Select one:

a.

Nil

b.

$220,000

c.

$230,000

d.

$200,000