Business

23 April, 12:25

Stevie recently received 1,000 shares of restricted stock from her employer, nicks corporation, when the share price was $8 per share. stevie's restricted shares vested three years later when the market price was $11. stevie held the shares for a little more than a year and sold them when the market price was $16. what is the amount of stevie's ordinary income with respect to the restricted stock

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