or 12 B Required information The followme information applies to the questions displayed below! Mark received 10 Sos (each option gives him the right to purchase 10 shares of Hendricks Corporation stock for $8 per shore) at the time he started working for Hendricks Corporation five years ago, when Hendricks's stock price was $5 per ShoreNow that Hendricks's share price is $35 per share. Mark intends to exercise all of his options and hold all of his shoes for more than one year. Assume that more than a year aftoresercise, Mark sells the stock for $35 a share (Enter all amounts as positive values. Leave no answers blank. Enter zero if applicable) a. What we Mark's taxes due on the grant date the exercise date, and the date he sells the shores, assuming his ordinary marginal ate is 32 percent and his long-term capital gains rate is 15 percent? Ewe Sa Ster 12 4 2012 Required information The following information applies to the questions displayed below! Mark received 10 ISOs (each option gives him the right to purchase 10 shares of Hendricks Corporation stock for $8 per share) at the time he started working for Hendricks Corporation five years ago, when Hendricks's stock price was $5 per share. Now that Hendricks's share price is $35 per share, Mark intends to exercise of of his options and hold all of his shares for more than one year Assume that more than a year after exercise Mark sells the stock for $35 a shore (Enter all amounts as positive values. Leave no answers blank. Enter zero if applicable.) b. What are Hendricks's tax consequences on the grant date, the exercise date and the date Mark sells the shores? Tax Benefit Grandate Exercise Sale de