Question $5$

Unanswered $*$

Lucy, an employee at Royal Bank $($ a

Canadian public company$)$ received an

option to purchase $1,500$ common shares of

Royal Bank for $$20$ per share when the

shares were trading at $$19$ per share. In May

$2024$ when the shares were trading at $$30$

per share she exercised her $1,500$ options.

In September $2024$ she sold her $1,500$

shares for $$53$ per share. Lucy wants to

know what employee benefit she will have to

include on her employment income

A $$7,500$

B $,$$$15,000$

C $$49,500$

D $,$$$51,000$