LO$\mathrm{.}3$LO$\mathrm{.}3$Identify the adjustments made in calculating AMTI. Paola exercised an incentive stock option on March $1,2019.$ She acquired $2,000$ shares of stock at an exercise price of $$3$

per share when the fair market value of the stock was $$15$ per share. However, Paola was concerned that the stock was overvalued,

so she sold all of the stock acquired with the option on December $21,2019,$ for $$17$ per share.

Will Paola incur an AMT adjustment in $2019$ as a result of the exercise of the option or the sale of the shares? Explain.