The question$($s$)$ below are based on the following information:

Parminder is an employee of a public corporation with gross revenues of $$335$ million. On April $1,2022$ she was granted stock options to purchase $5,000$ shares of her employer's common shares at a price of $$75$ per share. She exercised her options and purchased $5,000$ shares on November $1,2022.$ She sold all of her shares on February $1,2023.$ The market price of her employer's common shares was $$74$ per share on April $1,2022$; $$79$ per share on November $1,2022$ and $$85$ per share on February $1,2023.$

The effect on her $2022$ net income and taxable income is:

increase in net income of $$25,000$ and an increase in taxable income of $$12,500.$

increase in net income of $$20,000$ and an increase in taxable income of $$10,000.$

increase in net income and taxable income of $$12,500.$

increase in net income and taxable income of $$10,000.$