On January 1, year 1, Dave received 2,400 shares of restricted stock from his employer, RRK Corporation. On that date, the
stock price was $16 per share. On receiving the restricted stock, Dave made the 83(b) election. Daves restricted shares
will vest at the end of year 2. He intends to hold the shares until the end of year 4 when he intends to sell them to help
fund the purchase of a new home. Dave predicts the share price of RRK will be $40 per share when his shares vest and
will be $50 per share when he sells them. Assume that Daves price predictions are correct and answer the following questions:
b. If Daves stock price predictions are correct, What are the tax consequences of these transactions to RRK?
	Taxes Benefit
Grant Date	13,440
Vesting Date	0
Sale Date	0

PLEASE NOTE THAT ONLY GRANT DATE IS INCORRECT. I JUST NEED THE Answer for GRANT DATE. VESTING AND SALE DATE ARE Correct