Pasqual Melo is employed by a public corporation. On January 1, 2019, she was given an option to purchase 1,100 shares of the public corporation for $8 per share (the option extended for two years).

On December 15, 2019, she exercised her option and bought 1,100 shares at $8 per share (total = $8,800).

On June 15, 2022, she sold the 1,100 shares. The value of the shares at the particular dates was as follows:

Date option granted	$ 8.50
Date option exercised	11
Date shares sold	16

Required: