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Maren received 10 NQOs (each option gives her the right to purchase 11 shares of stock for $8 per share) at the time she started

Maren received 10 NQOs (each option gives her the right to purchase 11 shares of stock for $8 per share) at the time she started working the stock price was $8 per share. When the share price was $12 per share, she exercised all of her options. Eighteen months later she sold all of the shares for $21 per share. What is the amount of Maren's bargain element?

None of the choices are correct.

$440.

$440.

$1,320.

$0.

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