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Required information [The following information applies to the questions displayed below] Yost received 300 NDOs (each option gives Yost the right to purchase 10 shares

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Required information [The following information applies to the questions displayed below] Yost received 300 NDOs (each option gives Yost the right to purchase 10 shares of Cutter Corporasion stock for $30 per share). At the time he started working for Cutter Corporation three years ago. Cutter's stock ptice was $30 per share. Yost exercised all of his options when the share peice was $60 per share. Two years after acquiring the shares, he sald them at $92 per share. Note: Input all amounts as positive values. Leave no answer blank, Enter zero if applicable. c. Assume that Yost is "cash poor" and reeds to engage in a same-day sale in order to buy his shares. Due to his belef that the stock price is going to increase significantly, he wants to maintain as many shates as postible. How many shares must he sell in order to cover his purchase price and taxes payable on the exercise? Required information [The following information applies to the questions displayed below.] Yost recelved 300 NQOs (each option gives Yost the tight to purchase 10 shares of Cutter Coiporation stock for 530 per share). At the time he started working for Cutter Corporation three years ago, Cutter's stock pice was $30 per share. Yost exercised all of his options when the share price was $60 per share. Two years after acquiring the shares, he sold them of $92 per share. Note: Input all amounts as positive values. Leave no answer blank. Enter zero if applicable. d. Assume that Yost's options were exorcisable at $35 and expired after flive years. If the stock only reached $33 during its high point during the flive-year period, what are Yost's tax consequences on the grant date, the exencise date, and the date the shares are soid, assuming his ordinary marginal rate is 35 percent and his long-term capital gains rate is 15 percent

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