Question: On January 2 , 2 0 2 1 , Burt Inc. granted 2 , 0 0 0 stock options with an excise price of $

On January 2,2021, Burt Inc. granted 2,000 stock options with an excise price of $30 and vesting date on January 1,2023, to its CEO. The estimated value of the stock options on the grant date is $28,000.1,000 of the options were exercised on October 1,2023, while Burts share is trading at $40 per share. What is the book value of each stock option in the Contributed Surplus Stock Options account on the date?

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