Problem 12-38 (Algorithmic) (LO. 3) In 2019, Liza exercised an incentive stock option that had been granted to her in 2017 by her employer, Weather Corporation. Liza acquired 100 shares of Weather stock for the option price of $7,700 per share. The rights in the stock become freely transferable and not subject to a substantial risk of forfeiture in 2019. The fair market value of the stock at the date of exercise was $9,800 per share. Liza sells the stock for $11,200 per share later in 2021. If an amount is zero, enter "0". a. What is the amount of Liza's AMT adjustment in 2019? What is her recognized gain on the sale for regular income tax and for AMT purposes in 2021? In 2019, Liza has a AMT adjustment of $ Her recognized gain on the sale for regular income tax is and $ for AMT purposes. As a result, Liza has a AMT adjustment of $ in 2021. b. How would your answers in (a) change Liza had sold the stock in 2019 rather than 2021? Liza has a $ AMT adjustment is required in 2019. For regular tax purposes, Liza would recognize $ of ordinary/compensation income and $ of short-term capital gains