Maren received 11 NQOS (each option gives her the right to purchase 10 shares of stock for $9 per share) at the time she started working when the stock price was $7 per share . when the share price was $19 per share, she exercised all her options. eighteen months later she sold all of the shares for $20 per share. how much gain will Maren recognize on the sale of the shares and how much tax will she pay assuming her marginal tax rate is 37 percent?