On April 5, 2020, Gustavo was granted an NQSO for 250 shares of common stock at $115 per share. On the date of the grant, there was ascertainable fair market value for the option. Gustavo exercised the options on March 31, 2021, when the stock was selling for $138 per share. He sold the shares on December 1, 2022, for $173 per share. a. What amount and type of income, if any, will Gustavo record on the exercise date? Gustavo has of $ on the exercise date. b. What amount and type of income, if any, will Gustavo incur on the date of the sale? He has of $ on the date of the sale.

On Apni 5, 2020, Gustavo was granted an NQSO for 250 shares of common stock at $115 per share, On the date of the grant, there was ascertainable fair market value for the option. Gustavo exereised the options on March 31, 2021, when the stock wos selling for 5138 pe share. He sold the shares on December 1,2022 , for $173 per share. Q. What amount and type of income, if sny, wit Gustivo record on the exercise date? Gustavo has of $ on the exercise date. b. What amount and type of income, if any, will Gustavo incur on the date of the sale? He has of s on the date of the sale