R&R Corporation granted an incentive stock option for 200 sh…
R&R Corporation granted an incentive stock option for 200 shares to Betty on March 14, 2012. The option price and FMV on the grant date was $150. She exercised the option on August 2, 2014 when the FMV was $180 per share. She sold all the stock on September 20, 2015 for $250 per share. How much income did Betty recognized in 2015?