Question 9 3 pts Hazel received 1000 NQSOS (each option gives her the right to purchase one share of stock for $7 per share) at the time she started working in 20x5, when the stock price was $15 per share. In 20x8, the price is $24 per share, and she intends to exercise all of her options. How much income vill Hazel recognize on the exercise date? [Select] What tax rate will apply to that income? [Select]

Hazel received 1000 NQSOs (each option gives her the right to purchase one share of stock for $7 per share) at the time she started working in 205, when the stock price was $15 per share. In 208, the price is $24 per share, and she intends to exercise all of her options. How much income will Hazel recognize on the exercise date? What tax rate will apply to that income