What is abc corporations deduction if they are nonqualified


ABC Corporation awarded John 1,000 options in 2011; each option allows him to purchase one share of ABC Corporation stock for $20. The ABC stock is selling for $18 per share at the grant date. In 2013, John exercises the options when the stock's selling price was $40 per share. In 2015, John sells the stock for $50 per share. What is ABC Corporation's deduction if they are nonqualified stock options?

Question options: 1) $18,000 in 2013 2) $20,000 in 2013 3) $40,000 in 2015 4) $0

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Accounting Basics: What is abc corporations deduction if they are nonqualified
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