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Grizz received 100 restricted stock awards when the stock was trading at $8 per share. All of the stock awards vested when the stock was
Grizz received 100 restricted stock awards when the stock was trading at $8 per share. All of the stock awards vested when the stock was trading at $15 per share. Eighteen months later he sold all of the shares for $20 per share. What is the amount of Grizz's ordinary income related to the restricted stock?
A. $700
B. $0
C. $1,500
D. $800
E. $500
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