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In March 2018, Serengeti exercised an ISO that had been granted by his employer, Thunder Corporation, in December 2015. Serengeti acquired 5,000 shares of Thunder

In March 2018, Serengeti exercised an ISO that had been granted by his employer, Thunder Corporation, in December 2015. Serengeti acquired 5,000 shares of Thunder stock for the exercise price of $65 per share. The fair market value of the stock at the date of exercise was $90 per share.

If an amount is zero, enter "0".

a. What is Serengeti's 2015 AMT adjustment related to the ISO? Amount: $ _______

b. What is Serengeti's 2018 AMT adjustment related to the ISO? Amount: $ _______

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