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Save points dark received 50 ISOs at the time he started working for Seattle Corporation five years ago, when Seattle's price was $8 per share

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Save points dark received 50 ISOs at the time he started working for Seattle Corporation five years ago, when Seattle's price was $8 per share (each option gives him the right to purchase 10 shares Beattle Corporation stock for $8 per share). When Seattle's share price was $12 per share, Mark exercised all of his options and held all of his shares for more than one year. After mor than a year after exercise, Mark sells the stock for $27 a share. mark's marginal rate is 25% and his capital gains rate is 15%. What is the tax that Mark wilowe when he tells the stock

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