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Required information [The following information applies to the questions displayed below.] Cammie recelved 100 NQOs (each option provides a right to purchase 10 shares of

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Required information [The following information applies to the questions displayed below.] Cammie recelved 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share). She started working for MNL Corporation four years ago (5/1/Y1) when MNL's stock price was $8 per 5 hare. Now (8/15/Y5) that MNL's stock price is $40 per share, she intends to exercise all of her options. After acquiring the 1,000 MNL shares with her stock options, she held the shares for over one year and sold (on 10/1/Y6) them at $60 per share. Note: Leave no answer blank. Enter zero if applicable. Input all amounts as positive values. What are Cammie's taxes due on the grant date (5/1/Y1), exercise date (8/15/Y5), and sale date (10/1/Y6), assuming her ordinary larginal rate is 32 percent and her long-term capital gains rate is 15 percent

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