Maren received 12 NQOs (each option gives her the right to purchase 11 shares of stock for $10 per share) at the time she started working when the stock price was $8 per share. When the share price was $17 per share, she exercised all of her options. Eighteen months later she sold all of the shares for $20 per share. How much gain will Maren recognize on the sale df the shares and how much tax will she pay assuming her marginal tax rate is 35 percent? 1.320 gein and $198 tax S0 gain and s0 tax 0 S396 gan, and St39 tax. 0 S396 gan ond S59 tax