He sold 500 shares of his employer (a public corporation) on December 15th, 2021, for $25 per
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He sold 500 shares of his employer (a public corporation) on December 15th, 2021, for $25 per share. The shares were obtained through stock options for $10 per share in 2018. The fair market value of each share on the exercise date was $15. what was his income?
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