On November 1 of the current year, Ms. Ramus purchases 500 shares of General Industries Ltd. under a stock option plan. Black Angus Ltd. is a public corporation. Ms. Ramus provides you with the following information: Stock Option granted on June 1 of the prior year and Fair Market Value (FMV) at the "grant" date = $3/share Option price, offered to employees = $3/share Stock Option exercised on Nov. 1 of the current year and FMV at the "exercise" date = $14/share On December 31 of the current year, Ms. Ramus continues to own the 500 shares of General Industries Ltd. The FMV of the shares on December 31 is $18 per share and Ms. Ramus anticipates the share value will continue to increase. The taxable employment benefit arising from the stock option for Ms. Ramus in the current year is: Choose the correct answer. O A. $1,500 O B. $0 O C. $7,500 D. $5,500