please also include rhe afcount names in the description boxes that are empty (top two and one above after tax value)

Required Informetion [The following information applies to the questions dispiayed below] Pratt is ready to graduate and leave College Park. His future employer (Ferndale Corporation) offers the following four compensation packages from which Pratt may choose. Prott wil start working for Ferndale on January 1 , year 1. Assume that the restricted stock is 1,000 shares that trade at $5 per share on the grant date (Januory 1. year 1): shares are expected to be worth $10 per share on the vesting date at the end of year 1 , and no 83(0) election is made. Assume that the NQOs (100 options) each allow the employee to purchase 10 shares at $5 exercise price. The stock trades at $5 per share on the grant date (January 1, year 1) and is expected to be worth $10 per share on the vesting date ot the end of year 1, and the options ore exercised and sold at the end of the year. Also ossume that Pratt spends on avetage $3,000 on health-related costs that will be covered by insurance if he had coverage or is an after-tax expense if he isn't covered by insurance (treat this as a cash outhow). Assume that Pratts marginal tax rate is 35 percent (ignore FicA taxes and time value of money considerotions). 0. What is the after-tax value of each compensation package for year 1 ? b. If Pratt's sole consideration is maximizing after-tax value for year 1 , which scheme should he select? Complete this question by entering your answers in the tabs below. What is the after-tax value of each compensation package for year 1 ? Note: Leave no answers blank. Enter zero if applicable