Maren received 11 NQOs (each option gives her the right to p…
Maren received 11 NQOs (each option gives her the right to purchase 14 shares of stock for $10 per share) at the time she started working, when the stock price was $7 per share. When the share price was $16 per share, she exercised all of her options. Eighteen months later, she sold all of the shares for $21 per share. What is the amount of Maren’s bargain element?