for the following scenario, determjne whether the book tax different(if any) written as a positive number in 2016

on january 1, 2015, Landmark Corporation offered its CFO 2,500 NAOs options to purchase the company's at the same price offered by the public market on that day, $11/share, at any daye jn the futute after the CFO vests. the CFO will vest 25% of its options in 2015, 25% in 2016, and vest the remaining portion in 2017. the CFO promptly exercised all of his options on December 31, 2017 when he was 100% vested and turned around and sold all the shares for $15/share in the public market. assume that in the frant date, Landmark Corporation estimates the value of the options would be $4/share. the company uses a calendar year tax period.

a. None of the answers given here

b. The book tax difference in 2016 is $10,000

c. The book tax difference in 2016 is $5,000

d. The book tax difference in 2016 is $2,500

e. The book tax difference in 2016 is $0