On February 1, 2021 Logan was granted an incentive stock option by his employer. The option enabled him to purchase 1000 shares at

$10 per share . Logan exercised the option four months later on June 21, 2021 when the stock was trading at 15 per share . Logan then sold the stock at a gain a little over one year later on June 9, 2022 when the stock was trading for $22 per share. How much ordinary income from compensation.

How much ordinary income from compensation should be reported on Logan's 2022 tax return as a result of this transation?

a.) $0

b.) $5,000

c.) $7,000

d.)$10,000