Question: On September 3 0 , 2 0 1 8 , Stalling, Incorporated issued 2 , 0 0 0 shares of its publicly traded stock as

On September 30,2018, Stalling, Incorporated issued 2,000 shares of its publicly traded stock as compensation to its employee, Harry. On the date of issuance, the stocks fair market value was $49,000. Under the terms of his 2018 compensation contract, Harry could not dispose of the stock before October 1,2023, and if employment with Stalling was terminated before that date, the stock is returned to the corporation. On October 1,2023, Harry,
who still worked for Stalling, sold all 2,000 shares for $75,500?

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