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Orange Inc. issued 26,000 nonqualified stock options valued at $52,000 (in total). The options vest over two years - half in 2016 (the year of
Orange Inc. issued 26,000 nonqualified stock options valued at $52,000 (in total). The options vest over two years - half in 2016 (the year of issue) and half in 2017. One thousand options are exercised in 2017 with a bargain element on each option of $6. What is the 2017 book-tax difference associated with the stock options?
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