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Required information [The following information applies to the questions displayed below.] Yost received 300 NQOs (each option gives Yost the right to purchase 10 shares
Required information [The following information applies to the questions displayed below.] Yost received 300 NQOs (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $30 per share) at the time he started working for Cutter Corporation three years ago. Cutter's stock price 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 at $92 per share. (Input all amounts as positive values. Leave no answer blank. Enter zero if applicable.) . What are Cutter Corporation's tax consequences (amount of deduction and tax savings from deduction) on the grant date, the exercise date, and the date Yost sells the shares? $ Grant date Exercise date Sale date Amount of Tax Savings Deduction $ 0f $ $ 90,000[ $ 22,500 | $ of $ 0
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