$56\mathrm{.}0\%$ complete

Question

On January $1,$ last year, Randy was awarded $15,000$ ISOs at an exercise price of $$3$ per share when the fair market value of the stock was equal to $$3.$ On April $17,$ of the current year, Randy exercised all of his ISOs when the fair market value of the stock was $$5$ per share. At the date of exercise, what are the tax consequences to Randy?

A$.$$$0$ W$-2$ income, $$30,000$ AMT adjustment

B$.$$$0$ W$-2$ income, $$75,000$ AMT adjustment

C$.$$$30,000$ ordinary income, $$30,000$ AMT adjustment

D$.$$$75,000$ ordinary income, $$0$ AMT adjustment