Question: Saved Help Save & Exit G is employed by a Canadian - controlled private corporation. In year 1 , G was granted a stock option

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G is employed by a Canadian-controlled private corporation. In year 1, G was granted a stock option to acquire 4,000 shares from the treasury of his employer's corporation for $11 a share. At the time of receiving the option, the shares were valued at $13 per share. In year 3,G exercised his option and purchased 4,000 shares for $44,000. At the purchase date in year 3, the shares were valued at $12 per share. In year 5,G sold 4,000 shares for $17 per share. What amount is included in G's employment income for tax purposes in year 3?
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Saved Help Save & Exit G is employed by a

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