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Yost received 300 NQOS (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $37 per share). At the

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Yost received 300 NQOS (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $37 per share). At the time he started working for Cutter Corporation three years ago, Cutter's stock price was $37 per share. Yost exercised all of his options when the share price was $74 per share. Two years after acquiring the shares, he sold them at $113 per share. Note: Input all amounts as positive values. Leave no answer blank. Enter zero if applicable. Problem 12-28 Part a (Algo) a. What are Yost's taxes due on the grant date, exercise date, and sale date, assuming his ordinary marginal rate is 35 percent and his long-term capital gains rate is 15 percent? Grant date: Exercise date Sale date Taxes Due

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