Question: The question ( s ) below are based on the following information: Parminder is an employee of a public corporation with gross revenues of $

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

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