In January $2022,$ Khors Company issued nonqualified stock options to its CEO, Jenny. Because the company did not expect Jenny to leave the company, the options vested at the time they were granted with a total value of $$55,000.$ In December of $2023,$ the company experienced a surge in its stock price, and Jenny exercised the options. The total bargain element at the time of exercise was $$70,000.$ For $2023,$ what is the book$$tax difference due to the options exercised?

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