Required information Problem 12-36 (LO 12-2) (Algo) (The following information applies to the questions displayed below) On May 1 year 1, Anna received 7,300 shares of restricted stock from her employer, Jarbal Corporation. On that date, the stock price was $5 per share. On recelving the restricted stock. Anna made an 83(b) election. Anna's restricted shares will all vest on May 1 year 3. After the shares vest, she intends to sell them immediately to purchase a condo, True to her plan Anna sold the shares immediately after they were vested. (Leave no answers blank. Enter zero if applicable.) Problem 12-36 Part a (Algo) a. What is Anna's ordinary income in year 12 Ordinary income b. What is Anna's gain or loss in year 3 if the stock is valued at $0.80 per share on the day the shares vest? Capital gain Capital loss Ordinary Income None of these c. What is Anna's gain or loss in year 3 if the stock is valued at $9.20 per share on the day the shares vest? Capital gain Capital loss Ordinary income None of these d. What is Anna's gain or loss in year 3 if the stock is valued at $5 per share on the day the shares vest? Capital gain Capital loss Ordinary income None of these