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Leah received a Non-Qualified Stock Option (NQO), which allowed Leah to purchase 1,000 shares of stock for $10 per share. At the time she was
Leah received a Non-Qualified Stock Option (NQO), which allowed Leah to purchase 1,000 shares of stock for $10 per share. At the time she was given the stock options, the stock price was $6 per share. When the share price was $15 per share, she exercised all of her options. Eighteen months later she sold all of the shares for $20 per share. What is the total amount of Leah's bargain element for all 1,000 shares
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