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Yost received 402 NQOs (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $40.5 per share) at the time

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Yost received 402 NQOs (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $40.5 per share) at the time he started working for Cutter Corporation three years ago. Cutter's stock price was $40.5 per share. Yost exercises all of his options when the share price is $51.5 per share. Two years after acquiring the shares, he sold them at $72.5 per share. (Input all amounts as positive values. Leave no answer blank. Enter zero if applicable.) b. 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, assuming its marginal tax rate is 25 percent? Amount of eductionTax Savings Grant date Exercise date Sale date Yost received 402 NQOs (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $40.5 per share) at the time he started working for Cutter Corporation three years ago. Cutter's stock price was $40.5 per share. Yost exercises all of his options when the share price is $51.5 per share. Two years after acquiring the shares, he sold them at $72.5 per share. (Input all amounts as positive values. Leave no answer blank. Enter zero if applicable.) b. 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, assuming its marginal tax rate is 25 percent? Amount of eductionTax Savings Grant date Exercise date Sale date

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