Etienne, a single individual, who is an executive at Cajunland Consulting, Inc., was granted 1,500 ISOs on Cajunland's stock two years ago when the price per share was $25. The last few years have resulted in tremendous growth for Cajunland Consulting and the stock is now trading at $85 per share. Etienne exercised the ISOs, but did not sell the stock; he plans on hold-ing the shares for at least a year so he can pay the lower capital gains tax rate on the growth. How much will Etienne have to add to his taxable income when computing alternative minimum taxable income as a result of this transaction?

$37,500.

O $127,500.

$90,000.

0 $0.