Hisao exercised a qualified stock option during the tax year. Which of the following is NOT a qualification that Hisao must meet to exclude the income from the qualified stock option? a) b) c) d) Hisao earned income of $40,000 or less from the corporation granting the CQSO. Hisao must have been employed by the company at the time the option was granted or employed within 3 months (1 year if permanently disabled) of the date the option was granted. The fair market value of the shares on the grant date must have been less than $100,000. Hisao had 1,000 or more total number of stock shares granted under the option