Paola exercised an incentive stock option on March 1, 2017. She acquired 2,000 shares of stock at an exercise price of $3 per share when the fair market value of the stock was $15 per share. However, Paola was concerned that the stock was overvalued, so she sold all of the stock acquired with the option on December 21, 2017, for $17 per share. Will Paola incur an AMT adjustment in 2017 as a result of the exercise of the
option or the sale of the shares? Explain.