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Question 3 (1 point) In 2019, an employee of a public corporation (Pubco) received a stock option to acquire 1,000 Pubco shares at a
Question 3 (1 point) In 2019, an employee of a public corporation (Pubco) received a stock option to acquire 1,000 Pubco shares at a price of $15 per share. The market price of the shares at that time was $18. In 2020, the employee exercised the option (purchased the shares) when the market price was $20. In 2021, the employee sold the shares at $24. What would be the employee's taxable capital gain in 2020? $2,000 $4,000 $4,500 $5,000
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