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QUESTION 1 The following information is for questions one through six. This year, CSUEB Inc, granted a nonqualified stock option to Luca Muoz to buy
QUESTION 1 The following information is for questions one through six. This year, CSUEB Inc, granted a nonqualified stock option to Luca Muoz to buy 10,000 shares of CSUEB stock for $10 per share for five years. At date of grant, CSUEB stock was selling on a regional securities market for $8 per share. CSUEB recorded $25.000 compensation expense for the estimated value of the option. How much income must Luca Muoz recognize this year? O A $0 B. 55.000 OC $20.000 OD. $25,000 E. $80,000
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