How much would whatever.com record as a deduction related to the stock options on their 2020 tax return? Assume December 31 is year-end. If there is no deduction for tax purposes, enter O or N/A. Assume that on January 1, 2018, whatever.com grants to its employee the nontransferable right to acquire 100,000 shares of $10 par common stock for $100 per share. The market price on that date, January 1, 2018, is $100 per share, and the service period is 2 years. The stock options may not be exercised until 2 years have elapsed and the rights terminate at the end of 5 years or if employees quit whatever.com. The Black-Scholes option pricing model gives the fair value of the option to be $10.00 on grant date. The options are NQOs. Assume tax rate is 20% and that the employees exercise all their 100,000 options on 12/31/20 when the stock is trading at $125 per share. The option value by date is as follows: Date Option Value 1/1/2018 $10/option 12/31/2018 $12/option 12/31/2019 $25/option