On July $1,2022,$ Ivy exercised an incentive stock option $($ISO$)$ granted to her by her employer. Her option enabled her to purchase $150$ shares of stock for $$7$ per share, for a total cost of $$1,050.$ When she exercised her option, the stock was trading at $$11$ per share. She sold the stock in March of $2023$ for $$18$ per share, for a total amount received of $$2,700.$ What amountS$)$ does Ivy report on her $2023$ tax return as a result of this transaction? $$1,650$ compensation. $$1,050$ compensation; $$600$ short$-$term capital gain. $$600$ compensation; $$1,050$ short$-$term capital gain. $$1,650$ short$-$term capital gain.