How would the granting of stock options by an employer to a California resident be treated for federal and for state tax purposes? a. The granting of stock options is included in income for federal and California purposes. b. The granting of stock options is included in income for federal purposes and is excluded for California purposes. c. The granting of stock options is excluded from income for federal purposes and is included for California purposes. d. The granting of stock options is excluded from income for federal and California purposes