In 2016, Daniel received a Non-Qualified Stock Option (NQO), which allowed Daniel to purchase 1,000 shares of stock for $15 per share from his employer. At the time he received the options, the stock price was $9 per share. In 2018, when the share price was $25 per share, Daniel exercises all of the options. In 2020, Daniel sells the stock for $30 per share. What is Daniel's tax basis in his stock for purposes of calculating the gain or loss at the time of the sale in 2020? 1 A. BU lul E = % 3