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Suzanne received 21 ISOs (each option gives her the right to purchase 21 shares of stock for $14 per share) at the time she started

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Suzanne received 21 ISOs (each option gives her the right to purchase 21 shares of stock for $14 per share) at the time she started working when the stock price was $15 per share. Three years later, when the share price was $24 per share, she exercised all of her options. If Suzanne holds the shares for ten additional months and sells them when the market price is $25, how much gain will Suzanne recognize on the sale and how much tax will she pay assuming her marginal tax rate is 35 percent

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